Cy Pres Proceedings
Catalyst attorneys have extensive experience in representing charitable organizations, fiduciaries, and remainder beneficiaries in proceedings involving allegations that a bequest must fail and revert back to the estate or trust because it is unlawful, impracticable, impossible to achieve, or wasteful.
For example, our attorneys have experience challenging efforts by a fiduciary to direct a bequest made in a will to a nonprofit organization, which since had merged with another tax-exempt organization with a mission not aligned with the decedent’s interests or views.
Our attorneys have also represented school districts in the transfer of scholarship funds established via testamentary bequests and lifetime gifts to a not-for-profit foundation created to more efficiently administer the funds and maximize the rate of return through expanded investment options.
If your organization needs assistance with a Cy Pres proceeding, we invite you to schedule a Complimentary 15-Minute Case Evaluation to learn more about legal representation in proceedings involving Cy Pres proceedings.
