1743 Gifts received after dissolution
from Law Meets Gospel
What happens when someone gives a gift to a religious organization that no longer exists? Leaders should consider several things before dissolving an organization to make the answer more certain. First, ensure the organization uses clear language that is also consistent with applicable statutes. Second, determine whether any denominational entity has already been designated as a corporate successor. Third, if there is no denominational entity, consider designating a corporate successor. Fourth, communicate with all community members and supporters and invite those who include the organization in their estate planning to inform the leaders. Finally, when communicating with planned donors, make sure to communicate whether there is a designated corporate successor, so they can include a contingency plan in their estate documents if they wish. Subscribe to the Law Meets Gospel Podcast iTunes Google Play RSS Support the Law Meets Gospel Podcast Patreon.com Sign up to contribute an amount you choose for each episode the Law Meets Gospel Podcast publishes.
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