Trust and trustee
ASIM
(Querist) 24 February 2018
This query is : Resolved
Sir,
Can a sole owner of his property as a settler can transfer his property to a Trust authored by him consisting of only one trustee that is he himself with the conditions that the property shall vest as earmarked by him in the Trust Deed to his off springs as beneficiaries after his demise ? .
With Regards
Asim Das
P. Venu
(Expert) 25 February 2018
The facts posted suggests that there are deeper issues.
Sri Vijayan.A
(Expert) 25 February 2018
In normal condition, the answer for your question is YES
Dr J C Vashista
(Expert) 25 February 2018
The document of trust deed is required to be examined by an expert, generally answer is affirmative.