https://www.taxtmi.com/article/detailed?id=12549 A trust is a legal arrangement vesting assets in a trustee to benefit designated beneficiaries; recognized forms include public, private, special, charitable, implied, and express trusts. Registered trusts gain enforceability, statutory protection and potential tax exemptions; trustees must administer assets per the trust instrument and purpose. Trusts serve tax planning, asset protection, succession and charitable functions, and proper drafting and selection of the trust category determine regulatory obligations and benefits. en-us Tue, 23 Apr 2024 11:02:27 +0530 Tue, 23 Apr 2024 11:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12549 A trust is a legal arrangement vesting assets in a trustee to benefit designated beneficiaries; recognized forms include public, private, special, charitable, implied, and express trusts. Registered trusts gain enforceability, statutory protection and potential tax exemptions; trustees must administer assets per the trust instrument and purpose. Trusts serve tax planning, asset protection, succession and charitable functions, and proper drafting and selection of the trust category determine regulatory obligations and benefits. Articles Corporate Laws / IBC / SEBI Tue, 23 Apr 2024 11:02:27 +0530 https://www.taxtmi.com/article/detailed?id=12549