Charitable trust | Practical Law
Charitable trust
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Charitable trust
Practical Law UK Glossary 3-107-5899
(Approx. 10 pages)
Glossary
Charitable trust
A
trust
where the
trustees
may only use income or capital to benefit
charities
or purposes that are recognised as charitable in law (see
Practice note, What is a charity?: What are charitable purposes?
).
For further guidance, see
Practice note, Charity legal structures and how to choose the right one for your client: Charitable trust
.