charitable trust registration - family members eligibility
nagarajupatro
(Querist) 12 August 2010
This query is : Resolved
Dear ld. Seniors
A family - father,mother,2brothers and their wifes,sister, all r living seperately. one of the member i.e., younger son in the family wants to establish public charitable trust for social service and intended to name his mother as settlor and he wants to be the chairman. Mother can be SETTLOR? And that son can b the trustee /chairman of the said trust? next what about the settlor whether she can be the chairman? How a managing trustee or secretary will be appointed. whether it is essential to have a joint bank account before registering the trust or it can b done later the registration?
pls reply in detail
soon sir,
DEFENSE ADVOCATE.-firmaction@g
(Expert) 12 August 2010
No joint ac necessary. Just apply to the charity commisioner of your area for registration of trust.
Family memeber can become members and trustee of a charitable trust.
Go ahead and do it , good luck.