Trust Registration Online in India - Process, Fees & Documents Required

Trust and Trustee Services

A trust is a legal arrangement where a trustee company or individual acts as a fiduciary to hold property or assets for the benefit of another person, referred to as the beneficiary. Trusts serve diverse purposes, including charitable, religious, and educational functions, as well as personal applications such as estate planning and asset protection. Proper registration of a trust gives it legal standing and allows it to operate under the scope of established trustee law. At YKG Global, we provide end-to-end trustee services, ensuring compliance with all regulatory requirements.

Types of Trusts

1. Public Trust

   • These trusts are established for the benefit of the general public and often support charitable, religious, or educational initiatives.
   • Examples include charitable trusts and religious trusts, managed effectively by a trustee of a trust or a trustee company.

2. Private Trust

   • Created for specific individuals, families, or groups, private trusts are commonly used for estate planning, financial security, and asset protection.
   • In such trusts, the trustee deed outlines the responsibilities and duties of the trustees.

Trust Registration Process

1. Naming the Trust

   • Choose an appropriate and unique name for the trust, ensuring alignment with trust and trustee laws.

2. Preparation of the Trust Deed

   • Draft the trustee deed, detailing the objectives, powers of trustees, and terms of operation.

3. Filing the Trust Deed

   • Submit the trust deed to the Sub-Registrar office for approval and verification.

4. Verification and Approval

   • The Registrar reviews the documents and approves the trust registration.

5. Obtain PAN and TAN

   • Essential for financial transactions and taxation purposes.

Documents Required for Trust Registration

For Trustees, Author, and Witnesses:

• PAN Card
• Aadhaar Card
• Passport-size Photograph
• Email ID and Mobile Number
• Address Proof
• Trust Deed

Benefits of Registering a Trust

1. Legal Existence: Provides a trust with a recognized status under trustee law.
2. Tax Benefits: Registered trusts are eligible for various tax exemptions.
3. Protection of Assets: Assets held in trust are safeguarded from creditors and external risks.
4. Credibility and Transparency: Builds public confidence in the trust and trustee framework.
5. Succession Planning: Facilitates smooth asset transfer and estate management.

Why Choose YKG Global for Trust Registration?

1. Expert Consultation: We offer personalized guidance on trust registration, trustee law, and trustee services to help you make informed decisions.
2. Comprehensive Support: Assistance with drafting the trustee deed, document organization, and compliance processes.
3. Competitive Pricing: Transparent pricing ensures value for money.
4. Efficient Process: Streamlined registration services to save time and effort.

YKG Global Trustee Services

YKG Global specializes in providing expert trustee services for both public and private trusts. From drafting a detailed trustee deed to managing compliance under trustee law, our experienced team ensures seamless trust registration and management.

With over 40+ years of experience in trust and corporate services, YKG Global is your trusted partner for all trust-related matters. Contact us today to register your trust, access expert trustee services, and navigate the complexities of trust and trustee regulations with ease.