Charitable Trust Flashcards
1
Q
Charitable Trust
A
Trust confers sub benefit on society (same req’s as PET, but not subject to RAP)
Ben: society at large (split re small group)
Impossible to carry out purées: (1) resulting trust, (2) Cy Pres
2
Q
Charitable Trust - Cy Pres
A
if general intent to benefit society, court can modify mechanism to effectuate (all E ok to determine S’ intent)