Court Affirms Creation Of Family Educational Trust Challenge by intestate heirs is rejected when decedent’s intention was clear Lead Stories
Former Directors Lack Standing For Declaratory Action to Contest Election Federal court dismisses complaint when plaintiffs failed to file derivative action or allege current or future personal harm Lead Stories
Congressional Research Service Lists Options to Regulate University Endowments Growth and concentration of wealth has spawned concern and efforts to change tax treatment Ready Reference
Churches May Remove Restrictions On Endowment Investments Court permits deviation from limitations imposed by donor in his will Lead Stories
School Can’t Temporarily Drop Residential, High School Programs Court denies request by trustees of Girard College to permit deviation from trust because of decline in financial status Lead Stories
Bank Trustee Not Liable For Delay in Distributing Funds Value of distributions to charities dropped $11 million between event trigging distribution and delivery of cash Lead Stories Add new comment