Nonprofits Wills, Trusts, & Estate Planning Business Torts

Read need-to-know updates, commentary, and analysis on Nonprofits issues written by leading professionals.
News & Analysis as of

Pooled Special Needs Trust Accused Of Overspending on Legal Fees

An Indiana-based pooled special needs trust has been accused of passing along some $2.4 million in legal fees to the trust beneficiaries without explaining what the fees were actually used for. A pooled special needs...more

New California Case - Trustee Cannot Condition Distribution on a Release, Bellows v. Bellows

New California case summary--a trustee cannot condition a distribution on the beneficiary providing a release or waiver of liability....more

Nonprofit Board Standard of Care, Risk Management, and Audit Committee Responsibilities Updated 05/19/2011

A detailed paper updated May 19, 2011 discussing nonprofit board standard of care, risk management, and audit committee responsbilities, including the California Nonprofit Integrity Act....more

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