Court Lacks Jurisdiction To Expunge Criminal Record Large donor argued he had lost ability to participate in many philanthropic efforts because of conviction Lead Stories
Trustees May Not Unilaterally Modify Trust To Qualify as Charitable Remainder Annuity Trust Document required “annuity” payment of the greater of all net income or $50,000 a year to income beneficiaries Lead Stories
Carnival Producer is ‘Professional Solicitor’ Under Charitable Solicitation Registration Law Court says advertising events in connection with charities constitutes solicitation and requires registration Lead Stories
Donor Must Recognize Gain on Gift of Stock And Loses Deduction for Bad Appraisal Court says gift was made when sale of stock was assured and gift of property was not properly appraised Lead Stories
Court May Remove Charity Trustee For “Serious Breach of Trust” Appellate court affirms trial court decision to remove for multiple breaches of fiduciary duty Lead Stories