Which documents required registration of trust?

BPA
15-07-24

In West Bengal, establishing a trust necessitates a rigorous procedure and a number of particular paperwork to guarantee both legal compliance and efficient operation. Understanding the required paperwork is essential if you intend to register a trust. We’ve included a comprehensive list of the paperwork needed for trust registration below, along with some crucial information about the procedure.

Important Documents Needed to Register

Trust Deed

The Trust Deed serves as the foundational instrument that delineates the goals, guidelines, and policies of the trust. It serves as the trust’s charter.
Contents : It should contain information about the trust, including its name, address, beneficiaries, trustees, and succession plan.
Stamp Paper : In accordance with the Stamp Act that is in effect in the relevant state, the deed must be prepared on non-judicial stamp paper of a predetermined value.

Details of Trustee

Identity Proof : Real IDs, such as a driver’s license, voter ID, passport, or Aadhar card, proving the identity of each trustee.
Address Proof : Provide proof of address for each trustee, such as utility bills, passports, and Aadhar cards.

Evidence of the Registered Office

Ownership Proof : A copy of the property deed or sale deed is needed if the premises are owned.
Rental Agreement : A copy of the rental agreement and the landlord’s no-objection certificate (NOC), if the property is rented.

Photo

All trustees should have passport-sized photos.
Settlor : A passport-sized photo of the settlor, the individual who established the trust.

PAN Card

Trust PAN : A copy of the trust’s PAN card, if one has been issued already.
Trustees’ PAN : Each trustee’s PAN card.

Result

Board Resolution : A decision made by the board of trustees regarding the establishment and registration of a trust.

Statement from Bank

Settlor’s Bank Statement : The settlor’s most recent bank statement, which acts as a financial reference.

Procedures for Registering a Trust

Drafting the Trust Deed : Entails describing the goals of the trust, the trustees’ responsibilities, and the operational policies.
How to Get Stamp Paper : Acquire the non-judicial stamp paper necessary for the Trust Deed.
Execution of Trust Deed : In front of two witnesses, the settlor and trustees must sign the deed.
Signing of the Trust Deed : Bring the aforementioned paperwork to the local sub-registrar’s office to complete the registration procedure.
Submission and Verification : After receiving the required paperwork, the registrar will check it and issue a certificate of registration.

Why Choose for B. Pramanik & Associates?

As the greatest trust registration consultancy in the area, B. Pramanik & Associates, can help ensure a smooth trust registration process in West Bengal. They provide a wide range of services, such as legal support, trust deed drafting, and document preparation. Another reputable company in West Bengal that offers excellent trust registration services is Banshi Professional.

Details of Contact

For professional guidance and help registering a trust, get in touch with :

Advocates B. Pramanik & Associates

Website : www.bpramanikassociates.com

Contact : www.bpramanikassociates.com/contact/

Phone Number : +919339055647 / +916289064067

Address : 158, Dum Dum Rd, Ghosh Para, Dum Dum, Kolkata, West Bengal 700030

Best Trust Registration Consultant in West Bengal

Office at the Banshi® Advocates
First Floor – 211, SDF Building, Sector V, Salt Lake City, Kolkata – 700091, West Bengal, India

Best Trust Registration Lawyer in West Bengal