Can trustee also be a beneficiary while setting up a trust in India?

Felaket

New member
Can trustee also be a beneficiary while setting up a trust in India? When using a private trust in India, it is not unusual for the trustee to also be a beneficiary of such trust. There is no embargo under the Indian Trusts Act, 1882, which prohibits an individual to be a trustee as well as beneficiary.
 
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