Charitable vs. benevolent
Who knew that benevolence might not be charitable? Your charitable trust must do more than effect benevolence, it must accomplish a purpose that is beneficial to the public. Purposes that are allowed include relief of poverty, advancement of education, advancement of religion, promotion of health, governmental or municipal purposes, or other purposes for benefit to the community.
Fortunately, I shall never have to worry about whether my charitable trust complies with IRS Code Section 664, 2055 or 2522. I am my own charity, and any remainder, should there be any, will pass to my issue. Meanwhile I have so far been successful in avoiding bothersome accumulation of wealth. Law school is one of the many devices by which I am able to save the cost of setting up a trust that benefits others. Ah... so I shall have to seek out ways to be benevolent instead, as I think that is required of all citizens of the world.
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