GIFT City FundsMost Indian families delay estate planning until they are forced to deal with it as a crisis. The result is evident in the large number of unclaimed..
Category: Private Trusts India
Discretionary Trust India: How It Works, Taxation and Practical Setup
Families looking at private trusts soon run into the difference between determinate (specific) and discretionary structures. A discretionary trust allows the trustee to determine the amount of..
Living Trust in India: How It Works, Will Comparison and Practical Creation Guide
Living Trust is a term that many Indian families come across in the overseas context, especially in the US. The functional equivalent in India is an inter..
Revocable Living Trust India: Practical Guide to Private Trusts under the Indian Trusts Act
Trusts are emerging as a preferred option for Indian families for succession planning over wills. The term ‘revocable living trust’ is borrowed from common law jurisdictions, but..