Cartoon Guy Holding Stack Of Books

Declaration Under Penalty of Perjury

ABC Blocks

A doctrine used to give a gift to a similar beneficiary when the true beneficiary no longer exists or is not available. the cy pres doctrine is most often used with charitable gifts when the charity named in an estate planning document no longer exists. in that case, the trustee or court may use the cy pres doctrine to give the gift to a similar charity to match the donor’s intention as closely as possible.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.