Charitable Trusts Flashcards

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1
Q

Advantages of Charitable Trusts

A
  • Do not depend on the existence of human beneficiaries
  • enforced by charities regulatory athority
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2
Q

Advantages of Charitable Trusts (II)

A
  • No subject to same requirements in relation to certainty of objects as a private trust
  • May be perpetual in nature
  • enjoy immunity from certain taxes especially towards income tax.
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