Purposes of the College
The purposes of The American College of Trust and Estate Counsel ("College") are to maintain an association, international in scope, of lawyers skilled and experienced in the preparation of wills and trusts; estate planning; probate procedure and administration of trusts and estates of decedents, minors and incompetents; to improve and reform probate, trust and tax laws, procedures, and professional responsibility; to bring together qualified lawyers, whose character and ability will contribute to the achievement of the purposes of the College; and to cooperate with bar associations and other organizations with similar purposes. The College is a nonprofit mutual benefit corporation organized under the laws of the State of Delaware. The College is not organized for profit and no part of its net earnings will inure to the benefit of any member or individual. On dissolution all assets of the College will be distributed to one or more organizations exempt from taxation under subsection 501(c)(6) of the Internal Revenue Code of 1986, as amended.