Private Family Trust Setup
Holding family wealth for beneficiaries across generations
- 1DesignType, trustees and beneficiaries.
- 2SettleDeed executed; assets transferred.
- 3AdministerAccounts and returns each year.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About Private Family Trust Setup
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A private family trust is created under the Indian Trusts Act when a settlor transfers assets to trustees to hold for named beneficiaries. In a specific (determinate) trust, each beneficiary's share is fixed and income is taxed as if they earned it; in a discretionary trust, trustees decide distributions and income is generally taxed at the maximum marginal rate. Transfers of assets into the trust by the settlor are not taxed as gifts where beneficiaries are relatives, but stamp duty applies to property.
Family trusts are used to keep assets together across generations, protect beneficiaries with special needs, plan for business succession, and avoid probate. They require proper governance — trustee meetings, accounts and tax returns — to remain effective.
We design the trust with partner advocates, structure it for tax, and handle its PAN, bank account, accounting and annual ITR.
| Law | Indian Trusts Act 1882 |
|---|---|
| Specific trust | Income taxed per beneficiary's share |
| Discretionary trust | Generally maximum marginal rate |
| Settlement | Gift-tax exemption where beneficiaries are relatives |
| Property | Registered deed; stamp duty |
Work that the law requires a advocate to sign or represent is delivered through Indus Tax's partner professionals; our team prepares the records, coordinates the filing and stays your single point of contact.
Who this is for
Common scenarios where this service is a good fit.
- HNI families
- Promoters planning business succession
- Parents providing for dependants with special needs
What you get
Clear deliverables so you know exactly what's included.
- Trust design
- Deed drafting with advocates
- Asset settlement plan
- Annual compliance
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Type, trustees and beneficiaries.
Deed executed; assets transferred.
Accounts and returns each year.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Work that legally needs a advocate is signed by a partner professional; we coordinate it end to end.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
