How do I set up a family trust for succession?

Name: Vijay R Singh & Co.
Address: Office No. 4, Vishal CHSL, D Wing, Sir Mathuradas Vasanji Road, Azad Nagar, Opp. Andheri Gymkhana, Andheri East, Maharashtra, 400069, IN
Telephone: +91 98607 23959

CA Vijay R Singh, FCA
Chartered Accountant · ICAI M.No. 153926 · FRN 136869W

Short answerA family trust lets you pass assets to the next generation smoothly — you transfer assets to the trust, name beneficiaries, and avoid the delays and disputes of inheritance. Done right, it gives control, protection and orderly succession; the tax and stamp-duty treatment needs planning.

How it helps succession

Assets held by the trust pass per your terms, avoiding probate-style delays and family disputes.

Plan tax and stamp duty

Transfers into the trust can have tax and stamp-duty implications — structure it with advice.

Trusts & Societies

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This answer is general information for trusts and societies, not tax or legal advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.