I don’t know much about this, but one thing that comes to mind is that if it’s optional (which I think it has to be to postpone the effective date of the donation?) then what happens if the ‘donor’ doesn’t choose to convert it to a donation?
then what happens if the ‘donor’ doesn’t choose to convert it to a donation?
Same thing that happens when you fail to meet the requirements for any other financial instrument. You go into debt, your credit rating takes a plunge, and debt collectors will start harassing you for money.
I don’t know much about this, but one thing that comes to mind is that if it’s optional (which I think it has to be to postpone the effective date of the donation?) then what happens if the ‘donor’ doesn’t choose to convert it to a donation?
Same thing that happens when you fail to meet the requirements for any other financial instrument. You go into debt, your credit rating takes a plunge, and debt collectors will start harassing you for money.