A Trust is usually a Charitable body, floated when a person, group of individuals or organization wishes to set apart either property or money for a charitable purpose so that the revenue may be devoted for the accomplishment of the charitable activity, and wants to limit control over the disposal of that income. Different states have their separate laws for the formation of Trust and Trust Registration. In absence of specific state laws, Indian Trusts Act, 1882 is applicable. A public charitable trust is usually floated when there is a property involved, especially in terms of immovable property like land and building. If a person wishes to set apart either property or money for a charitable purpose so that the revenue may be devoted for the accomplishment of the charitable activity, and wants to limit control over the disposal of that income to persons whom he knows or approved, then it is best to set up a public charitable trust. But it should be kept in mind that a private trust whose beneficiaries generally are relatives or friends and not society at large, does not enjoy tax benefits.