{"product_id":"taxmanns-succession-through-private-trust-legal-tax-and-regulatory-aspects","title":"Taxmann's Succession through Private Trust—Legal, Tax and Regulatory Aspects","description":"\u003cp\u003e\u003cem\u003e\u003cspan\u003eSuccession through Private Trust—Legal, Tax and Regulatory Aspects\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e is the most exhaustive and insightful treatise on succession planning via private trusts available in India today. Authored by an unparalleled team of professionals across law, tax, and finance—and published on the centenary of the Chamber of Tax Consultants—this book provides a comprehensive, practice-driven roadmap for legacy creation, family wealth management, and cross-generational transition in a globalised, regulation-heavy environment. It covers the full spectrum—from Hindu Undivided Family (HUF) structures and inter-faith succession to digital assets, offshore trusts, and the complex intersections of FEMA, SEBI, Stamp Duty, and Company Law—this book is a comprehensive, meticulously annotated, and practical reference. It serves both as an advanced masterclass in succession strategies and structures and as an indispensable daily resource for readers engaged in wealth transfer and legacy planning.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis book is intended for the following audience:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eWealthy Individuals, Business Families \u0026amp; HNIs \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Seeking to secure, transfer, and protect family wealth—whether within India, globally, or across multiple generations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdvocates, Chartered Accountants \u0026amp; Wealth Advisors\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Looking for a deep, actionable guide to structuring private trusts, interpreting statutes, and ensuring regulatory compliance for clients\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCorporate Promoters \u0026amp; Start-up Founders \u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e– Wanting seamless business succession and protection from business risks or family disputes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eNon-Resident Indians (NRIs), Global Indians \u0026amp; Multinational Families\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Managing cross-border estate issues, foreign trusts, and international tax exposures\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAcademicians, Law \u0026amp; Commerce Students\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Needing authoritative commentary, landmark cases, and a full synthesis of succession law, tax, and trust practice\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eBanks, Trusteeship Companies, and Compliance Teams\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Requiring updated checklists, precedents, and operational templates for estate planning services\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe Present Publication is the Latest Edition, commissioned by The Chambers of Tax Consultants and published exclusively by Taxmann, with the following noteworthy features:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eFull-spectrum Succession Law\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Covers the spectrum from testamentary (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ewills, codicils, probate\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) and intestate (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003esuccession acts for Hindu, Muslim, Christian, and Parsi\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) inheritance, to modern trust-based structures and family arrangements. It also analyses the interaction between personal laws, codified statutes, and global best practices\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eTrusts – Drafting, Registration \u0026amp; Governance\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Step-by-step, template-driven guidance on drafting trust deeds, clarifying the powers, obligations, and fiduciary roles of trustees, and legal mechanics of trust registration under the Indian Trusts Act 1882. It also includes model trust clauses, drafting checklists, and real case studies of trust disputes and their resolution\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eInterplay with Regulatory Frameworks\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e]\u003c\/span\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eFEMA\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Simplifies residency and cross-border trust issues, from permissible gifts to repatriation of inherited wealth, implications for NRIs\/PIOs, and offshore trust scenarios (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ewith special focus on US\/UK\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eSEBI \u0026amp; Company Law\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – Explains how trusts interact with SEBI's Takeover Code, stamp duty implications for securities, transfer of shares, and compliance for family businesses\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cem\u003e\u003cspan\u003eStamp Duty \u0026amp; State Laws\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e – State-wise analysis of trust deed stamping, registration requirements, and pitfalls in conveyance of immovable property\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eAdvanced Tax Analysis\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Deep dives into taxation of trusts (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003ediscretionary, specific, charitable\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e), HUFs, and family settlements—including anti-avoidance rules, nominee taxation, clubbing provisions, and cross-border tax implications. It also explains how trust structures can (and cannot) be used for tax minimisation, and addresses recent amendments and landmark court decisions\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003ePractical Tools, Precedents \u0026amp; Templates\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Comprehensive annexures with sample trust deeds, checklists for FEMA, SEBI, and tax compliance, tabular summaries of judicial precedents, and decision trees for choosing the right succession vehicle\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCase Law \u0026amp; Subject Index\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Curated tables of leading case law from Supreme Court, High Courts, and global tribunals, with concise notes on their practical implications. Also includes an exhaustive subject index to locate provisions, rules, and case references quickly\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eCentenary Project\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Represents 100 years of professional excellence and thought leadership of the Chamber of Tax Consultants\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eInterdisciplinary Approach\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Combines statutory law, regulatory guidance, tax analysis, examples, and future-facing scenarios (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eincluding digital\/crypto assets\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e[\u003c\/span\u003e\u003cstrong\u003e\u003cspan\u003eRisk Mitigation Focus\u003c\/span\u003e\u003c\/strong\u003e\u003cspan\u003e] Clear strategies for preventing family disputes, avoiding regulatory penalties, and ensuring legacy continuity even in complex cross-border situations\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eThe coverage of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eIntroduction to Succession Planning in India\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e—\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eAdv. Bijal Ajinkya\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eDiscusses the purpose, evolution, and urgent need for succession planning\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003eProvides frameworks to analyse family needs, regulatory risks, and evolving trends (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eincluding digital\/crypto assets\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e)\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePrivate Trusts | Drafting and Case Studies\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003e—\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eCA. Girish Vanvari\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eTypes and classification of trusts, from revocable to irrevocable, fixed to discretionary\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eModel trust deed formats, registration checklists, and practical drafting dos \u0026amp; don'ts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003ePractical case studies on how trust structure prevented (\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eor failed to prevent\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e) family disputes\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eRegulatory Environment | Hindu, Muslim, Christian, Parsi Law, Wills, HUF—Dr Anup P Shah\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComparative approach to personal law regimes and their impact on succession planning\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cspan\u003e'\u003c\/span\u003e\u003cem\u003e\u003cspan\u003eWill vs. Nomination\u003c\/span\u003e\u003c\/em\u003e\u003cspan\u003e' – Explains why nomination is not succession\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComprehensive treatment of HUFs, adoption, and family arrangements\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eTaxation and Succession—CA. Yogesh Thar \u0026amp; CA. Ketki Mittal\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eSection-by-section walk-through of tax law as it applies to deceased persons, executors, beneficiaries, and trusts\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStrategies for minimising tax, dealing with anti-avoidance provisions, and the pitfalls of improper structuring\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eInternational scenarios—how different jurisdictions treat Indian trusts and beneficiaries\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eFEMA \u0026amp; Cross-Border Aspects—CA. Paresh P Shah\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePractical guidance for NRIs, foreign trusts, and succession structures spanning India and abroad\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eComplexities in transfers between residents\/non-residents, repatriation, gifts, inheritance, and regulatory filings\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eUS\/UK-specific analysis for grantor trusts, offshore estate planning, and recent RBI\/ED trends\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eSEBI, Stamp Duty \u0026amp; Company Law Aspects—Adv. Parul Jain \u0026amp; Adv. Ipsita Agarwalla\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eHow trusts are treated under Indian securities laws—exemptions, disclosure requirements, and pitfalls in family business succession\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eStepwise guide to complying with stamp duty, trust deed stamping, and legal transfer of assets into a trust\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book is as follows:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eExpert-led Chapters\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Each chapter authored by a specialist with decades of practical experience, ensuring both accuracy and hands-on relevance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eThematic Progression\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Begins with fundamental principles, transitions into practical application, and ends with advanced compliance and dispute avoidance\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003ePractice-ready Tools\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – Embedded templates, checklists, and visual aids\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cstrong\u003e\u003cem\u003e\u003cspan\u003eUser-centric Indexing\u003c\/span\u003e\u003c\/em\u003e\u003c\/strong\u003e\u003cspan\u003e – The subject index and table of cases make quick referencing and cross-linking effortless\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Taxmann","offers":[{"title":"Default Title","offer_id":59128375607377,"sku":"9789371260602","price":600.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0574\/5534\/5745\/files\/1753263234374_1_9789371260602_Detail-Page_4ad22e7b-1d62-4b9a-bb1a-7db83c301617.jpg?v=1771848083","url":"https:\/\/buytestseries.in\/products\/taxmanns-succession-through-private-trust-legal-tax-and-regulatory-aspects","provider":"BuyTestSeries.in","version":"1.0","type":"link"}