Tag: charity law
Do Charitable Trusts Last Forever? What You Need to Know
Charitable trusts sound like they should run forever, but the truth is more complicated. This article breaks down how long these trusts can last, what rules shape their lifespan, and what happens when the original plan doesn’t work anymore. You’ll get real-world examples, some quirky facts about perpetual trusts, and practical tips for setting up or managing a charitable trust in 2025. Find out exactly why 'forever' doesn’t always mean what you think.
Read More
Who Owns the Assets of a Charitable Trust?
When assets move into a charitable trust, who actually controls them? This article clears up the confusion around ownership, legal rights, and the roles of trustees and beneficiaries. Get straightforward answers about how assets are managed, what rules apply, and what happens if something goes wrong. You'll find surprising facts about how hands-off even founders must be once assets are in the trust. Plus, get practical tips for anyone setting up or overseeing a charitable trust.
Read More