Charitable or Private Trust
If I make say HDFC Bank my trustee and after destitution I start earning money by doing a corporate job. The employer has purchased insurance from HDFC Bank for his employee (me). Will HDFC Bank get to know automatically about my earnings ? Even if it is mentioned in the trust deed that HDFC Bank will get to know about my future income and the trust deed has a clause that all my future income goes into the trust deed then ?
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