Donors’ son can’t recover property from Foundation
A Court of Appeals in Washington state has affirmed a trial court decision denying claims by the son of donors to a private foundation who sought to obtain, as residual beneficiary under their will, real estate that they had given to the Foundation before their death.
Kenneth and Catherine Frank had created a private foundation in 1993 and conveyed all of their interest in a section of land known as Cranberry Lake to it by 1994.
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