Trust - Legal Entity

Urvashi Saumya (Querist) 09 June 2009 This query is : Resolved
Wheather Trust is a separate legal entity like company and societies?

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A V Vishal (Expert) 09 June 2009
A trust is a legal entity that may be formed in order to manage property for your intended beneficiaries by keeping your bequeathals–your investments and investible funds–in the custody (or ‘trust’) of some persons (called the trustees).

sanjeev murthy desai (Expert) 11 June 2009
Yes offcourse trust has a seperate legal entity.

Manish Singh (Expert) 11 June 2009
trust is not a separate legal entity infact its just an obligation attached to any property.

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