All About Estates

Tag: perpetuity

Total 1 Posts

Endowments and Perpetuity

“Is perpetuity 21 years?” asked a charity colleague.  “No, it’s forever, until the end of time, or as long as we collectively exist,” I answered.  Despite my pedantic response, the question is a good one because it underscores the inherent meaninglessness of the phrase “in perpetuity” in relation to charitable…

Continue Reading