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The correct option for At what point should the church record the contribution is C. At the date, the probate court declares the will valid following her death.
Unconditional pledge (W pledge): Unconditional pledges are labeled as W pledges. W pledges haven't any circumstance linked to the present being made, and they must be supported by means of sufficient verifiable evidence that a promise turned into made and received and should be legally enforceable.
Donation pledges are donors' promises to provide a certain sum of money to a corporation over a hard and fast amount of time. Donors can make pledges that are conditional, which means the price will handiest be made as soon as a condition is met, or unconditional with no strings connected.
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Lisa informed her church that she had named the church in her will and later provided a written copy of the will to the church. At what point should the church record the contribution?
A. At the time when the church was informed of her will.
B. At the time the church receives a written copy of the will.
C. At the date the probate court declares the will valid following her death.
D. At Lisa's death.
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