Property not required for its trust purpose—and the concept of ‘general charitable intent’

This article compares the treatment of various types of trust where the settlor stipulates that trust property is to be used to pursue a particular purpose, but that purpose proves abortive, leaving the relevant property not now needed for the purpose and not otherwise disposed of. It argues that ch...

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Veröffentlicht in:Trusts & trustees 2024-11
1. Verfasser: Wilde, David
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
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Zusammenfassung:This article compares the treatment of various types of trust where the settlor stipulates that trust property is to be used to pursue a particular purpose, but that purpose proves abortive, leaving the relevant property not now needed for the purpose and not otherwise disposed of. It argues that charitable trusts, and in particular the doctrine of ‘general charitable intent’ leading to cy-près application, could perhaps draw a lesson from beneficiary trusts.
ISSN:1363-1780
1752-2110
DOI:10.1093/tandt/ttae087