Legal Question in Wills and Trusts in India

My wife and I want to put our assets in a trust for our children who are not in India with us. What is the best way to do this? Do we need to go through a lawyer? Do you know of any law firm in Rajasthan? Is it better to make a will or set up a trust?


Asked on 9/16/10, 6:14 am

2 Answers from Attorneys

Vishwa Arya Arya & Co.

Will or Trust would depend upon your objective. If you want the benefits to be restricted to your children only, go for will.

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Answered on 9/16/10, 9:40 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

yes in case you need to form a trust for the benefit of your NRI children, you need to hire a lawyer who would go thorugh all the legal aspects and set up a trust. will is a document that is not considered very safe in indian situation.

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Answered on 9/16/10, 10:22 am


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