Wednesday, December 14, 2011

Charities Fight Over Bequest

The Pittsburgh Tribune Review reports that two charities in Pennsylvania are fighting, in court, over a bequest a women made to a meals on wheels organization. According to the story a splinter group left the original organization, and is asserting a claim on part of the bequest (approximately valued at $285,000). The matter is still pending in court.

As I read this story the voice in my head says, this is why it is important to be very, very clear about what entity is being named in a will. When working with clients I prefer to include the complete legal name of the entity, its federal tax ID number, and the phrase "or its legal successor organization".

Remember, a blog post is not a substitute for legal advice. Please seek legal advice from an attorney in your state.

Photo credit: - free image.

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