Is a Bequest to a Foundation “Charitable”?
Author: Staff Editors.
Source: Volume 06, Number 06, September/October 2007 , pp.8-8(1)
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Abstract:
A provision in a will or trust provides a bequest to a named foundation, but that foundation is not yet in existence. Is that a charitable bequest? The Georgia courts struggled with that issue in a recent case, Baker v. Merrill Lynch Trust Co., FSB (2007 Ga. App. LEXIS 754, 2007 Fulton County D. Rep. 2222 (July 5, 2007)).Keywords:
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