Charitable Trusts

Question 1

Advantages of Charitable Trusts

Answer 1

• Do not depend on the existence of human beneficiaries
• enforced by charities regulatory athority

Question 2

Advantages of Charitable Trusts (II)

Answer 2

• No subject to same requirements in relation to certainty of objects as a private trust
• May be perpetual in nature
• enjoy immunity from certain taxes especially towards income tax.