Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

cy pres: charitable trusts

Read a random definition: international regime

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
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.