Posts Tagged: donor

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Nonprofit Spotlight: Russell and Ann Gerdin American Cancer Society Hope Lodge

From the outside looking in, with its lush landscaping and towering brick chimney, the Russell and Ann Gerdin American Cancer Society Hope Lodge in Iowa City gives an immediate impression that it’s a home. Which is what the facility does indeed become for the cancer patients receiving lifesaving treatments. Hope Away from Home Doors to… Read more »

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(Legal) Word of the Day: Property

Three Parties I’ve previously written about the three parties necessary for every trust: (1) the settlor (sometimes called the donor or grantor); (2) the trustee; and (3) the beneficiary. Two Other Elements Besides three parties, at least two other elements are necessary for a valid trust. The trust instrument is the document that sets forth… Read more »

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Three Parties to a Trust & the Doctrine of Merger

A trust really isn’t as complicated as it first may seem. After all, there are only three parties to a trust. A Settlor, Trustee, & Beneficiary A trust is created when a property owner transfers the property to a person with the intent that the recipient holds the property for the benefit of someone else…. Read more »