Court Permits Deviation from Trust
Based on Unanticipated Circumstances
Uniform Trust Code authorizes sale of property
and use of proceeds for purposes of original gift

Full Article (free)

For-Profit Conversion to Nonprofit
Invalid Without Reclassifying Shares
Post-conversion valuation of shares
does not meet requirements of statute

Free Preview | Full Article

Church Is Not “Keeper”
Of Sexton’s Dog
Court says Church is not liable
For bite by live-in employee’s pit bull

Free Preview | Full Article

Ready Reference Page No. 104
New Form 990 Will Greatly Expand
Reporting Requirements for Nonprofits
It still offers an important public relations opportunity,
but many Boards will have to adopt new policies to look good

Free Preview | Full Article

Issues Notes

• Kramer, Emerson to discuss new Form 990 requirements
• Thursday with the Editor, May 22

To the Point

Is a nonprofit required to post all officers’ names and addresses on its website? I am worried about being exposed to a stalker who has bothered me in the past. 
Answer

Lessons from Litigation  Full Article

• What church disputes may courts hear?
• When does statute of limitations start in abuse case?

Tax Matters Full Article

• Art colony granted real estate exemption

Employment Law Full Article

• Court won’t review non-renewal of Seminary professor
• Unaware of disability, school not liable under ADA

Say That Again