Indian Trusts Act

Step-by-step: Setting up trusts for specially-abled children

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Step-by-step: Setting up trusts for specially-abled children

Rachna Khare, 55, from Bhopal, understands this deeply. She recently established a trust for her 28-year-old son, Rachit. “By the time my son turned 21, we helped him transition to an assisted living setup. Once he settled, we focused on securing his financial future and consulted professionals who advised us to create a trust,” Khare … Read more

How to tackle concerns regarding a trustee’s management of property

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How to tackle concerns regarding a trustee’s management of property

‘A’ has established a trust to manage his extensive portfolio of real estate assets for the benefit of his children and grandchildren. He appointed his longtime friend, ‘B’, as the trustee. Recently, some beneficiaries have raised concerns about the management of the trust properties, questioning whether ‘B’ is fulfilling his duties properly. In a trust, … Read more