Trust registration refers to the legal process of formally establishing a trust with the relevant government authorities. A trust is a fiduciary arrangement where one party, known as the trustee, holds and manages assets for the benefit of another party, called the beneficiary. The registration process typically involves drafting a trust deed, which outlines the objectives, terms, and conditions of the trust, and submitting necessary documents, such as the names of trustees, beneficiaries, and details of assets, to the appropriate regulatory body. Once registered, the trust becomes a legally recognized entity, ensuring compliance with laws governing trusts and allowing it to operate transparently for the intended purpose, whether charitable or private.
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