A donor writes in a pledge amount, signs the pledge card, hands it over to the charity, and is absolutely committed to that amount; end of story, right? Not necessarily. A recent case emanating from Kings County Surrogate’s Court, Matter of Issac Kramer, shows that certain charitable pledges may not be as binding as they appear on paper. Spencer Reames discusses the decision in our latest entry.
Continue Reading Charitable Pledges: Not Found Money, You Have to Earn Them