Public Charitable Trust

₹ 1050


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Definition

The purpose of a Charitable Trust is to accomplish a substantial social benefit for some portion of the public. The law favours charitable trusts by according them certain privileges, such as an advantageous tax status.

To be valid, a charitable trust must meet certain requirements. The settlor must have the intent to create a charitable trust, there must be a trustee to administer the trust, which consists of some trust property, and the charitable purpose must be expressly designated.


Why Draft Public charitable trust?

  • To Avail certain benefits from the government and Indian courts.
  • To give a legal status to the trust.
  • To keep a track of trustees.
  • To allot the roles of each trustee 
  • Setting of goals to be achieved in near future by the trust.

Benefits

  • This deed will be crucial in availing certain benefits from government and courts.
  • This deed will keep a track of outgoing and incoming trustees.
  • The trustees will know their role on the trust organisation.

You need to keep in mind the following details

  • Complete name &address of the public charitable trust.
  • Complete Name & Address of the trustees.
  • Goals to be achieved.
  • Rules & Regulations to be followed.

Why The Legal Capsule?

Because we are efficient, correct and we look to achieve client satisfaction.