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What is a $100,000 Charitable Trust Worth 91 Years Later?
91 year ago a farmer established a charitable trust with $100,00.00 dollars to build an orphanange. What is that $100,000.00 worth today and how is it used since an local orphange is no longer needed. This article examines some good and bad news about trusts and how they work when the purpose for which they were established is no longer appropriate. In such cases, court apply the doctrine of cy pres to help them to apply the trusts for an alternative purpose that would have been acceptable to the person creating the charitable trust. Click here for more on how trusts can grow through time and how courts deal with changing charible needs.For more information on the use of trusts, charitable trusts, and revocable and irrevocable trusts in Pennsylvania contact David M Frees III with law offices in Malvern, Phoenixville, and West Chester Pennsylvania.
610-933-8069
dfrees@utbf.com
| David M. Frees is Chairman of the Trust, Estates, and Wealth Preservation section of Unruh, Turner Burke and Frees with offices serving all of South Eastern Pennsylvania including Chester County, Montgomery County, Berks and Bucks counties, Philadelphia and Lancaster counties. David Free  s is rated highly by Martidale.com and has attained the highest rating by AVVO of 10 (Superb) on a scale of 1-10.David meets with many clients each week and in order to give them his full attention, he is not always available to reply immediately to cell phone or email requests. Immediate assistance can always be reached at 610-933-8069.
David M. Frees IIIdfrees@utbf.com 610-9338069 David Frees is a prolific author on legal topics and in addition to the articles and blogs featured on this site, please feel free to view his postings at http://www.utbf.com/trust-estate |
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Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
Regular Business Hours
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Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
By Appointment
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West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
Get Directions
Offices
Offices
Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323
Regular Business Hours
Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323
By Appointment
West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323
See David by Appointment call 610-933-8069 For David Frees
