How long is perpetuity?
[caption id="attachment_16267" align="aligncenter" width="700"] Basilica of Maxentius and Constantine, Rome Credit: David’s Been Here[/caption] “Is perpetuity 21 years?”, asked a charity colleague. “Well, no, it’s forever. Or until the end of time, or as long as we collectively exist,” I answered. Despite my emphatic response, the question is a good one because it underscores the inherent meaninglessness of the phrase “in perpetuity” in relation to charitable donations, trusts….
How long is perpetuity? Continue Reading »
Estate Donations, Estate Planning, Philanthropy/Charitable Giving