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Can I change the charitable organizations named in the trust instrument?

April 26, 2017charitable instrument named Organizations Trust

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Can I change the charitable organizations named in the trust instrument?

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A. Maybe. If the charities named in the trust instrument are not irrevocably named and if the power to change such “contingent” charities is present in the trust, then the answer is most likely, yes. As you can imagine for this and other reasons, a well-drafted CRT is of paramount importance.