*** India Real Estate, Delhi Real Estate, Delhi Real Estate: Other A trust is a legal arrangement in which a person, known as the settlor or grantor, transfers assets or property to a trustee to hold and manage for the benefit of one or more beneficiaries. The trustee is entrusted with the responsibility of managing and distributing the assets of the trust according to the terms and conditions set forth in the trust document. - Trusts are commonly used for various purposes such as estate planning, asset protection, charitable giving, and ensuring the welfare of minor children or individuals with disabilities. Trusts offer several advantages, including privac...
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