If, as part of the merger, Charity A’s assets are likely to be transferred to another charity – Charity B – legacies to Charity A may fail. The problem generally arises where Charity A’s supporter has made a legacy in a will signed before the merger – but dies after the merger has taken place.
There’s no one-size-suits-all solution to this problem, but there are a number of steps you can take to put the merging charities in the best possible position.
What are your options?
This information is necessarily of a general nature and doesn’t constitute legal advice. This is not a substitute for formal legal advice, given in the context of full information under an engagement with Bates Wells.
All content on this page is correct as of October 12, 2020.