This interesting article is a good read for all trusts and estates would-be scholars, from law students to practicing attorneys, as it hits the heart of what’s a valid purpose trust. It also delves into the history and differences among private trusts, charitable trusts and non-charitable purpose trusts, including the adoption of non-charitable purpose trust provisions in the Uniform Trust Code (UTC) and various Restatements. Finally the article provides helpful advice for draf
Review of Reviews: “Non-Charitable Purpose Trusts: Past, Present, and Future,” 51 Real Prop. & Est. L.J. 321 (2016)
Richard C. Ausness, associate dean for faculty research and Everett H. Metcalf, Jr. Professor of Law, University of Kentucky College of Law in Lexington, Ky.