Dear Sir/ Madam,
I am going to register a charitable trust in Bangalore and have prepared a draft of Trust Deed. I need two clarifications:
Question 1: Regarding the definition of Trustee which is given as follows in the Trust Draft:
"hereinafter referred to as ‘THE TRUSTEES’ which expression wherever the context so requires or admits shall mean and include their legal heirs, successors, executors, administrators and assigns of the SECOND PART."
How Trustees' family members may get affected due to any action or inaction done by the Trustees because of inclusion of their legal heirs, successors in the definition of Trustee?
Basically, one Trustee member wants to make sure that his family should not be held accountable for any action or inaction.
Question 2: Although I am going to register the Trust in Bangalore but the office address of Trust is located in Dhanbad, Jharkahd for the time being. Please let me know if that is allowed.
Please provide your inputs. Your response is highly appreciated.
Best Regards,
Saloni
