Cy pres: charitable trusts
Term · Law · MLC-T-LAW-001455
A legal doctrine that allows a court to modify the terms of a charitable trust when the original charitable purpose becomes impossible, impracticable, or illegal to fulfill. The court will direct the trust property to a purpose as near as possible to the original intent of the settlor. This doctrine prevents charitable trusts from failing due to changed circumstances.
| Identifier | MLC-T-LAW-001455 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001455",
"term": "Cy pres: charitable trusts",
"field": "Law",
"definition": "A legal doctrine that allows a court to modify the terms of a charitable trust when the original charitable purpose becomes impossible, impracticable, or illegal to fulfill. The court will direct the trust property to a purpose as near as possible to the original intent of the settlor. This doctrine prevents charitable trusts from failing due to changed circumstances.",
"url": "https://mlchart.com/terminology/law/cy-pres-charitable-trusts/"
}
Record 1,314 of 5,439 in Law terminology (MLC-0107). Request the full dataset.