Raj Kumar Makkad
(Expert) 14 September 2011
1. Yes, there is no legal bar to creae such trust.
2. There is no such limit prescribed.
3. Yes.
S.KARUNAMOORTHY
(Querist) 14 September 2011
Thank u for your reply... let me know whether the settlor could become the managing trustee of the trust for his life...?
Shastri J.K.
(Expert) 14 September 2011
I agree with mr.raj kumar makkad
Raj Kumar Makkad
(Expert) 14 September 2011
Yes. He can become managing trustee for life.
S.KARUNAMOORTHY
(Querist) 15 September 2011
Thank u my dear senior! and thank for your valuable time!
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