Xcess Creation Of A Private Trust ( With Taxation Guidelines ) By Virendra K.Pamecha Edition : 2015

CONTENTSCHAPTER 1AN OVERVIEW OF TRUSTS1. Introduction 2. Definitions 3. Duties, Obligations and Liabilities of a Trustee 4. Right and Power of Trustees 5. Disabilities of Trustee 6. Rights and Liabilities of Beneficiary 7. Ownership of Trust Property 8. Kinds of Trusts CHAPTER 2FORMATION OF PRIVATE TRUSTΓ* What is Private Trust? Γ* Public-Cum-Private Trusts Γ* Trust PropertyΓ* Need for Creating a Private Trust Γ* How to Create a Private Trust? CHAPTER 3TRUST FOR THE BENEFIT OF MINOR(FOR IllGHER EDUCATION OR MARRIAGE)Γ* Should you set up trusts for children? Γ* Some Important Issues (Iv) CREATION OF A PRIVATE mUSTCHAPTER 4TAXATION OF PRIVATE TRUSTSWhere shares of beneficiaries are detenninate [Section 161)Where shares of the beneficiaries are indeterminate ofunknown [Section 164)CHAPTER 5FAQs ON CREATION & TAXATION OF PRIVATE TRUSTSCHAPTER 6DISSOLUTION OF TRUSTSΓ* How can a Trust be dissolved?Γ* CHAPTER VIII: THE EXTINCTION OF TRUSTSANNEX IPRACTICAL PROBLEMSANNEX IICASE LAWS ON TAXATION ISSUESANNEX IIICASE LAW EXPLAIN1NG PROVISIONS RELATINGTO TAXATION OF PRIVATE SPECIFIC /DISCRETIONARY TRUSTSANNEX IVCASE LAWANNEX VDEED OF TRUST FOR MINOR AS BENEFICIARYANNEX VISPECIMEN OF A PRIVATE SPECIFIC TRUSTANNEX VIITHE INDIAN TRUSTS ACT, 1882