Trust Deed

What this is

A trust deed creating a charitable, religious, educational or private family trust - the settlor, trustees, objects, the property or corpus settled, trustees' powers and duties, meetings, accounts, succession of trustees, amendment and dissolution - drafted to the law that governs the trust and to the requirements for registration and, for charitable trusts, for income-tax exemption. It is for founders of NGOs and religious or educational institutions and for families settling property in trust. Our panel advocate drafts and reviews the deed and delivers it signed on letterhead; stamping and registration are separate steps we explain.

What you get

A trust deed drafted, reviewed and signed by our panel advocate on letterhead, covering the name and registered office, the settlor and the initial corpus, the trustees and their appointment, tenure, removal and succession, the objects framed for the purpose and, for charitable trusts, to the income-tax definition of charitable purpose, the beneficiaries or public, powers of trustees including property, banking, investment and borrowing, meetings and quorum, accounts and audit, bar on benefit to settlor and trustees, amendment, irrevocability, dissolution and transfer of assets on winding up, and the execution block. Delivered ready for execution, with a note on stamp duty, registration with the Sub-Registrar or the Charity Commissioner in states with public trust Acts, PAN, and the 12A and 80G registrations available afterwards. Stamp duty and registration charges are not included.

How it works

1. 1Tell us the trustIts name, purpose, the settlor, the trustees and the initial corpus. Upload IDs and address proof.
2. 2Confirm the structureNumber of trustees, tenure, succession, meetings and powers.
3. 3Answer the advocate's questionsWhether it is public charitable or private, which state registers it, whether property is being settled, whether tax exemption will be sought, and whether trustees are related.
4. 4PayPay the fee.
5. 5Advocate drafts and signsOur panel advocate drafts the deed and signs it on letterhead.
6. 6Deed is deliveredYou receive the deed for execution and registration, with the stamping, registration and tax-registration note.

What to have ready

• ID and address proof of the settlor and every trusteeAadhaar, PAN or passport; photographs.
• Registered office address proofElectricity bill and NOC or rent agreement.
• Title documents of property being settled (if you have it)If any.
• Existing trust deed (if you have it)If amending or replacing.
• Draft objects or activity plan (if you have it)If prepared.

What this is based on

• Indian Trusts Act 1882 (1882)
• state Public Trusts Act
• Stamp Act
• Registration Act 1908. (1908)
• Income Tax Act 1961 (1961)