Skip navigation
TE-philanthropy.jpg

The Contract Means What It Says; Signer Beware!

Christopher P. Woehrle shares lessons learned from a recent Texas case about family settlement agreements.
Resources

The planned giving programs of most charities derive the bulk of their revenue from matured bequests. Their finance departments understandably seek a reasonable estimate about timing of payment. Counsel for the donor’s estate usually will cooperate in projecting the availability of the funds. Without exception, counsel asks the charity to sign a Family Settlement Agreement (FSA), sometimes referred to as a “Receipt, Release and Indemnification Agreement,” committing the charity to the return

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.


If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.


Questions about your account or how to access content?


Contact: [email protected]

TAGS: Philanthropy
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish