Client Portal

NSW Bequest Case

From a not-for-profit organisation perspective, it is considered preferable to receive a bequest from a deceased estate for ‘general purposes’. If a bequest is instead received for a specifically defined purpose and an organisation can’t carry out that specific purpose as directed by the will, they risk losing the bequest altogether. A bequest for ‘general purposes’ allows an organisation to apply the bequest in any way it sees fit. A recent case from New South Wales (Leslie Morgan) illustrates this issue.

To read further details on the case, in an article by Lynch Meyer, click here.

Let us keep you up-to-date

Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.