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Trust Agreements
Download India‑focused trust templates: public/private deeds, trustee appointments, school/temple/scholarship trusts, revocable living trust, and property transfer deeds.
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Quick Overview
All templates are provided for reference and should be reviewed by legal professionals before use.
Frequently Asked Questions
Common questions about Trust Agreements legal templates
What types of trust templates are included on this page?
Drafts cover private and public charitable trust deeds, declarations of trust, deeds to appoint or replace trustees (with property transfer), trusts for schools, temples, scholarships, revocable living trusts, family trusts, and creditor‑benefit trusts.
What are the core clauses of a valid trust deed in India?
Name and objectives, settlor and trustee details, beneficiaries (or class), trust property schedule, powers and duties of trustees, investment and accounting, addition/removal of trustees, amendments, dissolution (if applicable), and dispute resolution.
How do public charitable and private trusts differ?
Public charitable trusts serve public purposes (education, relief of poor, medical relief, general utility) and typically seek 12A/80G registrations; private trusts benefit identified individuals or families and are governed primarily by the Indian Trusts Act, 1882.
When should a Deed of Appointment of New Trustees be used?
Use it when a trustee dies, resigns, is unfit, or as provided by the deed/law; include acceptance by the new trustee and an operative transfer of trust property to the continuing/new trustees.
Do trust deeds require stamping and registration?
Yes, execute on appropriate non‑judicial stamp paper as per state tariff; registration at the Sub‑Registrar is generally required for trusts holding immovable property and recommended for evidentiary validity.
What extra points apply to charitable trust deeds (school/temple/scholarship)?
Clearly state charitable objects, apply income solely to objects, prohibit private benefit, include trustee governance rules, and keep dissolution and asset transfer clauses aligned with public charity norms for 12A/80G compliance.
Is a revocable living trust permissible in India and how is it taxed?
Revocable private trusts can be created; typically, income is taxed in the hands of the settlor under Sections 61–63 of the Income‑tax Act if the settlor retains retransfer/re‑assumption rights.
What due diligence is needed when transferring assets to trustees?
Annex a schedule of assets, execute conveyance/assignment endorsements (for immovable property, shares, bank accounts), update records with registrars/banks, and obtain society/NOC where required.
Can a debtor create a trust for the benefit of creditors?
Yes, a debtor can settle assets into a trust for creditor advantage; draft carefully to address priorities, transparency, and avoid fraudulent transfer concerns under applicable laws.
Any drafting tips for family/private trusts to preserve property?
Define beneficiaries and shares (or discretion), set distribution and management rules, lay out succession and protector/committee roles if needed, and specify investment policy, audit, and trustee remuneration/indemnity.