Back to the article
Video guide
Can a nonprofit animal sanctuary be trustee or beneficiary? | NC
About this video
Q: Can a nonprofit animal sanctuary be named as the trustee or beneficiary of my estate plan? A: Yes — in many cases, a nonprofit animal sanctuary can be named as a beneficiary of your will or trust. It also may be named as trustee if it is legally able and willing to take on that job. But those are two different roles. A beneficiary receives property. A trustee manages property and must follow…