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My grandfather wrote and registered a Will in 2024. In the Will, he mentioned that he would create a private family trust during his lifetime and identified five trustees. However, due to unforeseen medical conditions and personal reasons, he could not form the trust. He had stated that all his movable and immovable assets should be transferred to the trust. How can we proceed now to create the trust and transfer his assets to it in order to fulfil my grandfather’s intention?
If your grandfather is alive, he can still create the family trust now and transfer his assets as he planned. If he has passed away, you must first get probate of the Will, then the executor can create the trust as per the Will and transfer all movable and immovable assets into it to fulfil his intention. For further legal assistance contact us on our helpline number.