Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

cy pres: charitable trusts

Read a random definition: executive secretary

A quick definition of cy pres: charitable trusts:

Term: Cy pres: charitable trusts

Definition: Cy pres is a legal rule that allows a charitable trust to continue even if its original purpose becomes impossible to achieve. Instead of ending the trust, the court can change the purpose of the trust to make it as close as possible to what the person who created the trust wanted. This way, the trust can still help people in need, just in a slightly different way than originally intended.

A more thorough explanation:

Definition: Cy pres is a legal doctrine that means "as near as possible." When someone creates a charitable trust, the intended charitable purpose of the trust may become impossible to fulfill. Instead of ending the trust, the courts may change the purpose of the charitable trust to allow it to continue, while keeping it as close to the original intention of the person who created the trust as possible.

Example: Let's say that someone creates a charitable trust to build a hospital in a specific town. However, over time, the town's population decreases, and it no longer needs a hospital. In this case, the court may use the cy pres doctrine to change the purpose of the trust to build a medical clinic instead. This way, the trust can continue to serve a charitable purpose, even though the original purpose is no longer possible.

Explanation: This example illustrates how the cy pres doctrine can be used to change the purpose of a charitable trust when the original purpose is no longer possible. By changing the purpose to something similar, the trust can continue to serve a charitable purpose and honor the intentions of the person who created the trust.

cy pres doctrine | cybersquatting

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
LSD+ is ad-free, with DMs, discounts, case briefs & more.