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How to protect your heirs with a trust under Muslim law
Mint New Delhi
|August 29, 2025
As a 60-year-old Muslim man looking to set up a trust for your daughter and her family, it's wise to consider the specific legal aspects of Muslim law.
The way a trust is established—either during your lifetime or through a Will—impacts its validity.
Lifetime trust
You can create a trust and transfer assets to it while you are alive. This is similar to a gift under Muslim law and is generally permitted by courts. To create a lifetime trust:
Identify trustees: Choose one or more individuals to manage the trust's assets.
Execute the trust deed: Create a legal document with the trustees, paying the required stamp duty.
Register the deed: If the trust includes immovable property (like real estate), you must register the deed.
Diese Geschichte stammt aus der August 29, 2025-Ausgabe von Mint New Delhi.
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