170 Winding-up

In cases where a testator does not necessarily intend to create a perpetual trust, a power to dissolve the trust may be included1. In such a case, there must be a provision for the transfer to another charity or charities, or the application for charitable purposes (either specified or not), of any property remaining after the outstanding liabilities of the trust have been met. Such a power may be useful if it is desired at some future date to combine the trust funds with those belonging to some other charity, or to replace the trust with

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