Hi,
My friend tragically died leaving behind two young children. Many people want to donate to help out his children. I was looking to explore options for the best way to collect these donations and use it for the benefit of his children like some Long term FD.
Do I need to make a separate legal entity or can I collect it in my personal account?
Also in long run I am looking to open a charitable trust in my friends name. Is there any link that some one can refer to which would help me start on this process also?
Thank you all
