Private Trusts for Family Succession — Held. Protected. Passed on.
Formation of private family trusts in Nashik and across Maharashtra for succession, asset protection and orderly transfer of business and personal wealth.
Book Free ConsultationA private trust is created for identified beneficiaries rather than a public purpose — typically a family. It is used where the concern is succession: keeping a business held together, providing for a dependant, or avoiding the delay and disputes that follow an intestate death.
N D Savla & Associates advises families in Nashik and across Maharashtra on private trust structures, covering the deed, trustee arrangements, the treatment of settled assets and the tax analysis that goes with them.
Tax treatment depends heavily on how the trust is drafted — whether beneficiaries and their shares are determinate, whether the settlor retains any interest, and what the trust is permitted to do with income. Drafting and tax analysis have to be done together.
Our Private Trust Services
Succession Planning
Mapping family assets, dependants and objectives before choosing a structure.
Trust Deed Drafting
Drafting the deed covering beneficiaries, shares, distribution and trustee powers.
Beneficiary Structuring
Determinate and discretionary arrangements and their consequences.
Trustee Arrangements
Selection, powers, succession and removal of trustees.
Asset Settlement
Documentation for settling shares, property and financial assets into the trust.
Tax Analysis
Analysis of how income and distributions will be taxed under the chosen structure.
Distribution Framework
Rules and documentation for distributions to beneficiaries.
Ongoing Administration
Accounts, returns and the record keeping trustees are expected to maintain.
Our Process
Family & Asset Review
Assets, dependants, business interests and objectives are mapped.
Structure Design
The trust structure and beneficiary arrangement are designed with tax analysed.
Deed Drafting
The deed is drafted and reviewed with the settlor and intended trustees.
Settlement & Registration
The deed is executed and registered and assets are settled into the trust.
Administration Setup
Books, tax registrations and the annual cycle are established.
Why It Matters
Frequently Asked Questions
Planning family succession?
Tell us what needs to pass and to whom — we'll design the structure and analyse the tax before anything is settled.
