The Classic Partners LLP
Private Trust Registration
Private trust registration in India under the Indian Trusts Act, 1882. We help families set up a private or family trust for succession planning, asset protection and the benefit of named beneficiaries — with a carefully drafted trust deed and complete registration support.
Talk to a Private Trust ExpertWhat is a Private Trust?
A private trust is a trust created for the benefit of specific, identifiable beneficiaries such as family members, rather than the public at large. It is governed by the Indian Trusts Act, 1882 and is commonly used for succession planning, protecting family assets and providing for minors or dependants.
A private trust involves a settlor who creates the trust, trustees who manage it, and beneficiaries who benefit from it. A private trust can be revocable or irrevocable depending on whether the settlor wishes to retain the power to amend or cancel it. For public-benefit objectives, a charitable trust is the right vehicle instead.
Who Should Set Up a Private Trust?
- Families planning smooth succession and inheritance of assets.
- Individuals wanting to protect and consolidate family wealth.
- Parents providing for minor children or dependants with special needs.
- Business families separating ownership from management.
- Settlors who want control through a revocable trust structure.
Our Private Trust Services
Trust Deed Drafting
Tailored deed defining beneficiaries, trustees, powers and distribution.
Succession Planning
Structuring the trust to meet your estate and inheritance goals.
Registration
Registration of the trust deed with the sub-registrar.
PAN & Bank Setup
Trust PAN and assistance opening a bank account.
Accounting & Tax
Book-keeping and income-tax return filing for the trust.
Advisory
Guidance on trustee duties, taxation and asset transfers.
Why Choose The Classic Partners
- Estate-planning focus with carefully drafted family trust deeds.
- Confidential, tailored advice for your family's goals.
- End-to-end support from drafting to registration and tax.
- Clear guidance on revocable versus irrevocable structures.
Related Services
Frequently Asked Questions
What is a private trust used for?
A private trust is used to benefit specific beneficiaries such as family members. It is commonly used for succession planning, protecting family assets, and providing for minors, dependants or persons with special needs.
Which law governs a private trust in India?
A private trust in India is governed by the Indian Trusts Act, 1882, which sets out the rights and duties of the settlor, trustees and beneficiaries and the rules for creating and managing the trust.
Can a private trust be revocable?
Yes. A private trust can be either revocable, where the settlor retains the power to amend or cancel it, or irrevocable, where it cannot be changed once created. Each has different control and tax implications.
How is a private trust taxed?
The taxation of a private trust depends on factors such as whether it is revocable and whether the beneficiaries' shares are determinate. We assess the structure and advise on the applicable tax treatment.
What documents are required to set up a private trust?
You typically need the trust deed, identity and address proof of the settlor and trustees, photographs, and details of the property or assets being settled into the trust.
Is registration mandatory for a private trust?
A private trust that deals with immovable property must be created by a registered trust deed. Registering the deed gives the trust legal validity and is recommended even for movable property.
Ready to set up your Private Trust?
Protect your family's assets and plan succession with a well-drafted private trust.
Contact Us