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Can a Trust be formed for a Foreigh Beneficiary ?

Querist : Anonymous (Querist) 10 December 2009 This query is : Resolved 
Hi,

Can a Trust be formed in India with a sole Indian Trustee and a Foreign beneficiary ? The beneficiary is a minor and can get a court clearnace ( from country of his residence) for him becoming a beneficiary. The Trust formation is for a business purpose. Also , should the deed
be registered in India only ?

Thanks for your valued opinions

Shri
Report Abuse
Raj Kumar Makkad (Expert) 10 December 2009
Such trust is no heard earlier and is part of India practice.

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