Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
Distinguishing whether a trust is Charitable or for a Non-Charitable purpose will depend on the nature of the trust.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
Distinguishing whether a trust is Charitable or for a Non-Charitable purpose will depend on the nature of the trust. Courts often take a more favorable view towards charitable trusts even if it's a purpose trust i.e. no human beneficiaries, because they are established for the public benefit of the community. Thus in the past this has caused some difficulty, if the benefit is classed as being too small or insignificant the trust is unlikely to be classed as charitable as it gives the courts the impression the trust has only been set up for some personal benefit and not any useful benefit to the public. Similarly if the language of the trust is too broad it is unlikely to be Charitable as its often not enough to show its purpose.1 Charity in the past has been difficult to define; there is no recent definition of charity. However in the case of Comr...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 150,159 others
