Regarding trust

PGKN (Querist) 27 January 2014 This query is : Resolved
Hi,
My query is can a trustee claim any remuneration in these cases:

1) As a trustee (if mentioned in trust deed/ not mentioned).

2) As a regular employee(Say principal/director of School/college run by same Trust). Is it required to mentioned this in trust deed.

Also, can he receive any interest on loan given to trust for running a education institute. if yes, is it required to be there in trust deed.

Regards

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Devajyoti Barman (Expert) 27 January 2014
Academic query...

Dr J C Vashista (Expert) 28 January 2014
I agree it is an academic query.
Ans:
1. If the trustee is a full time paid, he/she can claim provided it is mentioned in the deed.
2-3. Of course
4. Engage a local lawyer

ajay sethi (Expert) 28 January 2014
academic query

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