Kansas Statutes > Chapter 59 > Article 22a – Cy-Pres Rule for Charitable Trusts, Devises or Bequests
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| § 59-22a01 | Order for administration in accordance with intent; order of change to qualify for federal estate tax deduction |
Terms Used In Kansas Statutes > Chapter 59 > Article 22a - Cy-Pres Rule for Charitable Trusts, Devises or Bequests
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Bequest: Property gifted by will.
- charitable: includes , but is not limited to, any eleemosynary, religious, benevolent, educational, scientific, artistic or literary purpose. See Kansas Statutes 59-22a01
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
- Conservator: means an individual or corporation appointed by the court to act on behalf of a conservatee and possessed of some or all of the powers and duties set out in Kan. See Kansas Statutes 77-201
- Decedent: A deceased person.
- Devise: To gift property by will.
- Executor: includes an administrator where the subject matter applies to an administrator. See Kansas Statutes 77-201
- Executor: A male person named in a will to carry out the decedent
- Impracticable of fulfillment: includes , but is not limited to, the failure of any trust for charity, testamentary or inter vivos, including, without limitation, trusts described in section 509 of the internal revenue code of 1986 and charitable remainder trusts described in section 664 of the internal revenue code of 1986, to include, if required to do so by section 508(e) or section 4947(a) of the internal revenue code of 1986, the provisions relating to governing instruments set forth in section 508(e) of the internal revenue code of 1986. See Kansas Statutes 59-22a01
- Inter vivos: Transfer of property from one living person to another living person.
- Property: includes personal and real property. See Kansas Statutes 77-201
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Testator: A male person who leaves a will at death.
- Trustee: A person or institution holding and administering property in trust.
- Under legal disability: includes persons who are within the period of minority, or who are incapacitated, incompetent or imprisoned. See Kansas Statutes 77-201