I intend to start a primary school as my source of livelihood.
1. Should I form a Public Trust or should I form a society?
2. The land required for the school is in the name of the landowner and he wants me to include him in the governing body as a partner. However, I want him to remain in the governing body only till the time I am able to pay him back the outstanding amount for his land. How should I form the deed?
3. Are there any particular issues I should keep in mind?
4. Can you please send me a draft deed for forming the Trust/Society?