I am currently a Trainee Solicitor in the Dispute Resolution & Litigation team. Prior to starting my training contract, I was a Senior Paralegal in the Charity and Social Enterprise team, assisting with a wide range of legal matters, including elections and campaigning, fundraising, environmental organisations, trusts, legacies, and philanthropy.
Understanding and unlocking restricted legacies
Legacies to charities usually fall into one of the categories below: Legacies falling into the second category are ‘restricted legacies’. What does this mean for your charity? Can those restrictions be lifted? And how should legacies in category 3 be treated? What is a restricted legacy? A restricted legacy is subject to binding legal restrictions …