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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.


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