Can A Trust Transfer Funds To A Company?

Can trust transfer its funds to a company?

Answer (1)

Sakshi Yadav

Sakshi Yadav

  • Sector-1, Noida

A trust is a structure where a trustee carries out the business on behalf of the trust's members (or beneficiaries). A trust is not a separate legal entity. A trustee may be an individual or a company. The trustee is legally liable for the debts of the trust and may use its assets to meet those debts.

Answered on 22 Jan 2020


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