Charitable purposes and estate donations
Estate planning is an exercise in time travel. It is impossible to predict the future, especially when the time gap between planning and death is often decades. Fast forward 25 years, a charity may not exist when the estate is distributed. Charity law identified this problem and a solution to it over 500 years ago. The solution is the charitable purpose in a charitable trust. In trust law there are “object trusts” that….
Charitable purposes and estate donations Continue Reading »
Estate Donations, Estate Planning, Philanthropy/Charitable Giving, Uncategorized