Monthly Archives: March 2017


Charitable Trusts and Bankruptcy Proceedings

When testators or settlors create charitable gifts in trust for named institutional beneficiaries, when the contemplated distribution is ready to be made, sometimes it is found that the intended charity is involved in bankruptcy proceedings. Therefore, the question arises as to the proper disposition of such charitable gifts in trust to the bankrupt institutional beneficiaries. … Continue reading Charitable Trusts and Bankruptcy Proceedings

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