Revocable Living Trust

Querist :
Anonymous
(Querist) 23 February 2011
This query is : Open
Hi,
Can you please tell me:
1) Is a living trust drafted in India also valid abroad and vice versa? For instance can an NRI with assets both in India and abroads draft a living trust in India that would be valid for the foreign cuntry as well?
2) If a trust was drafted abroad can it be modified/revised in India by a licensed lawyer?
3) What are the average costs involved with creating a trust which involves only cash assets - no property/no other assets - only bank investments and a retirement account for a single/unmarried person?
4) How do I locate a reliable lawyer in Hyderabad - someone who is professional and confidential?
Thank you so much for your time and consideration.