Commentary

168 Power to define purposes or provisions

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

168 Power to define purposes or provisions

| Commentary

168 Power to define purposes or provisions

In some instances, a testator may wish to set up a charitable trust by his will but, perhaps as a result of uncertainty over the relevant needs or the amount of the funds necessary at the time when the trust takes effect, may not be certain as to the precise charitable purpose or form of the trust. In such cases, the solution may be to confer on the trustees special powers to declare the purposes or administrative arrangements by deed1. There is no inherent power for an executor or trustee to

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