Thursday, October 26, 2017
John Picton recently posted an Article entitled, Contradiction in the Law of Charitable Lapse, Wills, Trusts, & Estate Law eJournal (2017). Provided below is an abstract of the Article:
Gifts by will inevitably carry an element of risk. Circumstances change, and so any gift to a charitable organisation is made on an assumption that it will still exist at the testator’s death. This uncertainty has given rise to a branch of equitable jurisprudence. In a persistent series of cases, courts have had to decide what to do with gifts to organisations that have ceased to exist.