Social Sciences
8 years ago

Israelis Gain Powerful New Trust Tool to Reshape Society

Trusts & Trustees
'Hekdesh'--The 'Israeli Foundation'
Abraham Kaplan, A. Krost

Paper Summary

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The article shows that the Hekdesh, a type of trust in Israel, is similar to a foundation. It explains the laws around Hekdesh and points out its features, which are like those of a foundation. The article emphasizes the benefits of Hekdesh over a foundation.