(E) whether the
donee organization provided any goods or services in consideration, in whole or in part, for the qualified vehicle; and
Where one of these exceptions exists, an acknowledgment must be furnished by the
donee charity within 30 days of the date of the contribution.
Under both alternatives, the personal representative should consider requiring the charity
donee to enter into a receipt and refunding agreement prior to payment to allow the personal representative to pursue reimbursement on behalf of the estate if an interested person later successfully asserts an objection to the payment of the pledge.
it is unlikely that a photograph of the work would suffice, and in the absence of a pattern of gifting work to the
donee (as in Mirvish v.
including the
donee's right to receive a share of proceeds
In most instances, such groups would not be considered a qualified
donee. (As an aside, the Public Television Station with which the Public Television Association of Quebec worked likely would have been a qualified
donee when it was affiliated with the University of Vermont earlier in its history.
Why should the status or identity of
donee beneficiaries be exempt from the parol evidence rule?
In the doctrine (5) it was shown that "ingratitude is the opposite of recognition that the
donee owes to the donor (...).
Two caveats: firstly, it's important to be aware that your beneficiary/ies could still be caught by IHT if the donor dies within seven years and the gift has been disposed of by the
donee within that seven-year window.
One solution is for Client (donor) to give Child (
donee) a testamentary power of appointment pursuant to which Child will name in Child's will who among the Grandchildren (permissible appointees) will take and in what proportions.
(12) It makes no difference that a non-South African or non-permanent resident potential donor is a genuine relative of the
donee; approval must still be sought from the Minister.
Glenshaw Glass Co.: "[We have in this case] undeniable accessions to wealth, clearly realized, and over which the taxpayers have complete dominion." Again, amounts received gratuitously initially represent accessions to wealth, which the
donee can either continue to hold as additional wealth or devote to consumption.
