Charitable Bequest

Scheming With a Purpose

• • 0 Comments

This week’s blog has been written by Darren Lund In Ontario, as in most common law jurisdictions, charitable gifts are treated differently than other gifts in important ways. One of the clearest examples of this is that a gift for a charitable purpose will generally not fail for uncertainty. In addition, the court’s inherent “scheme-making power” may save a charitable gift where the charitable purpose cannot be carried out, or….

Scheming With a Purpose Continue Reading »

Charitable Giving, Courts, Estate Donations, Estate Planning, Wills

The Cy-Près Doctrine: When Good Intentions Count For Something

• • 0 Comments

The cy-près doctrine It is common practice to leave a gift to a charity in your will. However, the charity that the testator wished to support may not have been named properly in the will (leading to confusion about who was supposed to benefit from the funds), or may have ceased to exist by the time the testator died. Where a testator intended to benefit a charity, the courts have….

The Cy-Près Doctrine: When Good Intentions Count For Something Continue Reading »

Charitable Giving, Estate Administration, Estate Donations, Estate Litigation, Estate Planning, Executors, Philanthropy/Charitable Giving, Trustee, Trusts, Wills

The Plague and Charitable Bequests

• • 6 Comments

[caption id="attachment_12694" align="aligncenter" width="900"] Tabernacle by Orcagna, 1359, Orsanmichelle, Florence[/caption] In 1348 the plague hit Florence – and Europe – hard. Half the population died in this densely populated city of 80,000. One result of this mass die-off was 350,000 florins of bequests to one organization, Orsanmichele, a grain market with a miracle producing Madonna shrine.  How much is 350,000 florins?  It was equal to the annual budget of the….

The Plague and Charitable Bequests Continue Reading »

Estate Donations, Philanthropy/Charitable Giving, Uncategorized
Scroll to Top