Family trust
PARTH
(Querist) 25 October 2013
This query is : Resolved
I would like to form a PRIVATE FAMILY TRUST and want to purchase a commercial office premises in the name of trust.
That office shall belong to my family trust in which my minor son would be the beneficiary.
That office premises would be used by me for my business purpose.
Can i do so by forming a Family Trust ?
What is the procedure to form the trust ?
Can i sell off the property in future by me being a trustee or a settlor ?
Please Advice,
thanks and regards,
Devajyoti Barman
(Expert) 25 October 2013
Who are you, an advocate or a law student?
You are posting query on many topics.
V R SHROFF
(Expert) 25 October 2013
This site help needy who cannot afford Lawyers.
This Query seems to be not affecting you personally.
& we do not reply commercial Queries.
And if it is yours personally, you must consult nearby Lawyer or CA , to do needful.
R.K Nanda
(Expert) 25 October 2013
consult local lawyer.
PARTH
(Querist) 25 October 2013
Thanks for you time,
I am a Knowledge Hungry Student.
Is there any restrictions for posting a query ? if you do not want to reply simply DO NOT REPLY.
This is a lawyers Club, Everyone has a right to ASK A QUERY irrespective of he is a Student / lawyer / or whosover.
Apologies if i seem rude to you,