Chartered Accountants in India, working with clients across the UK

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Revocable Trust Services
Trusts · Revocable

Revocable trusts:flexibility you keep.

In a revocable trust, the person creating it can take the assets back or change the terms. That flexibility comes with a tax rule: income from the assets stays taxable to the settlor. NRIs and UK families use revocable trusts to have assets managed in India during their lifetime and passed on smoothly.

Discuss a revocable trust
Purpose and tax explainedFees agreed in writingCompared with a will
ControlSettlor can revoke
TaxIncome taxed to settlor
TrusteesManage the assets
UseLifetime management

Revocable or irrevocable?

PointRevocableIrrevocable
Settlor can take assets backYesNo
Income taxed toSettlorTrust or beneficiaries
Asset protectionLimitedStronger
FlexibilityHighLow

See Irrevocable Trust Services.

When it helps.

  • Managing from abroadTrustees in India manage property for an NRI.
  • IncapacityAssets keep being managed if the settlor cannot act.
  • SuccessionAssets pass under the deed on death.
  • Testing a structureBefore committing to an irrevocable trust.

Trust or will?

A will only takes effect on death and may need probate. A revocable trust works during life too, but costs more to set up because of stamp duty on property. Many families use both. See Estate Planning.

Why NRIs in the UK choose us for India tax.

Both sides of the border

We work with the India side of your tax while keeping your UK Self Assessment and treaty position in view.

Reviewed before filing

Every computation is checked by a second Chartered Accountant before anything is filed.

Fees agreed in writing

A written scope and fee before work starts, with no surprise charges later.

Secure and fully online

Encrypted document sharing and e-verification, so nothing needs a trip to India.

One team all year

Returns, TDS refunds, FEMA questions and property sales handled by the same team.

Plain-English answers

Clear explanations of what you owe, why, and what to keep for next year.

Revocable trusts for NRIs across the UK.

We help NRIs, UK families and UK charities set up and run trusts in India, wherever they live in the UK. Deeds are signed and registered without unnecessary travel where the law allows.

London

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

Revocable trust FAQs.

The settlor, as if the transfer had not been made.
Yes, if the deed allows.
Generally not, because the settlor can take them back.
Yes, on property settled, as set by state law.

Want flexibility over your Indian assets?

Tell us the assets and goals. We will explain whether a revocable trust fits.

Discuss a revocable trust+91 9819 000 511

This page is general guidance based on the Indian Trusts Act, 1882, state public trust laws and Indian tax law as they stand. It is not legal advice for your situation. Trust deeds should be drafted by a lawyer, and UK tax advice is needed where settlors, trustees or beneficiaries are UK resident.