Two recently decided cases illustrate the need for carefully documented pledge agreements and bequest intentions. The executors of both estates fought to deny payments to charity with mixed results. Additionally, pledge agreements executed during lifetime should address the possibility of the charity undoing a previously funded naming opportunity. Donors and their executors should be aware of the risk of oral pledges creating liability for an estate if gift intentions aren’t renounced before
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]