Hello,
can an individual purchase a private trust? If yes, then, what is the procedure that needs to be followed?
Am not aware of the procedure, hence request your help in this.
Thanks
Aditya Panikkar (Apprentice) 14 September 2017
Hello,
can an individual purchase a private trust? If yes, then, what is the procedure that needs to be followed?
Am not aware of the procedure, hence request your help in this.
Thanks
Siddharth Srivastava (Advocate) 14 September 2017
As per law a trust or property of trust can only be transferred to a trust only and no individual can purchase such property. But few precautions are required. Sidharth 9811776422
B k gupta 15 September 2017
Siddharth Srivastava (Advocate) 15 September 2017
No it is not possible. A very tired and lengthy process. It is better that you get changed your name as per procedure prescribed and also give/ issue public notice in this regard and that should be enough.
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