Commentary

152 Gift to several charities in equal shares

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

152 Gift to several charities in equal shares

| Commentary

152 Gift to several charities in equal shares

One method of avoiding the problems caused when a charity ceases to exist before the will takes effect is to make a gift to several charities in equal shares, excluding any charity which no longer exists at the date of the testator’s death. Such a provision is relatively common where the gift is of residue1. The shares need not be equal if the testator’s priorities require there to be some differentiation.

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial