Unlike traditional trusts, Purpose Trusts do not have beneficiaries. Instead they are established for specified non-charitable purposes (“purposes”). The uses ...

These are trusts in which property is held by trustees to carry out specific purposes which do not qualify as exclusively charitable purposes. This type of ...

A purpose trust is a type of trust which has no beneficiaries, but instead exists for advancing some non-charitable purpose of some kind. Conceptual objections · Common law exceptions · Others

19 окт. 2021 г. · A non-charitable purpose trust can serve as a steward of certain valued assets, protecting them for years to come or even in perpetuity.

Editor's Synopsis: This Article focuses on non-charitable purpose trusts and how they enable estate planners to better carry out their clients' objectives.

A non charitable purpose trust is a type of trust which has no beneficiaries, but instead exists for advancing some non-charitable purpose of some kind.

Jersey law permits a trust to be established with a particular non-charitable purpose stated in the trust instrument and for which there are no ascertainable ...

23 авг. 2022 г. · The non- charitable trust or purpose trust is a trust which is created neither for the benefit of a human beneficiary nor to serve any ...

Unlike traditional trusts, Purpose Trusts do not have beneficiaries. Instead they are established for specified non-charitable purposes (“purposes”).

Non-charitable purpose trusts are generally considered void by virtue of failing to comply with the beneficiary principle.