Managing The Assets of The Church: Legal Legacies – Preserving Legacies
The Church must carefully steward its real estate assets just like its other assets. But it can be difficult to honor donor intent and the legal legacy of a property as time passes and demographics and needs change. There are times when a property no longer serves its original purpose and it either has to be repurposed or sold. And every time that the Church purchases or acquires a property, it is imperative that She have the gift or purchase structured in a way that fulfills Her mission.
With so many potential and actual circumstances, the question of maintaining legal legacies can become quite challenging. Watch as we explore these challenges and innovative solutions for preserving intent while serving souls.
Carlo Dalla Vedova is a civil and canon lawyer based in Rome. He is a partner of the Italian firm Dalla Vedova Studio Legale. He is admitted before the Ecclesiastic Courts (I and II grade) and the Studio Rotale of the Supreme Court of the Rota Romana of the Holy See. He is a legal and institutional specialist to public entity and public international organizations and embassies in Rome, as well as an expert in Church properties, having negotiated real estate deals for many religious congregations. He also specializes in criminal practice, having litigated in the Italian Supreme Court, and in the European Court of Justice in Strasbourg EHRC for protection of human rights. Mr. Dalla Vedova has lectured, among others, at Loyola University in Rome, Washington College of Law, Gonzaga University in Florence, and American University Washington College of Law. In 2017 he received the “Praeses Elit Award” from Trinity College Law Society Dublin, Ireland, for his human rights protection work.
Rev. Patrick E. Reidy, C.S.C. is an ordained Roman Catholic priest with the Congregation of Holy Cross. Before studying law at Yale University, Fr. Pat served in residential ministry at the University of Notre Dame, where he also offered chaplaincy support to Campus Ministry, the Notre Dame Law School, and the Notre Dame Boxing Team. Fr. Pat professed perpetual vows in Holy Cross and was ordained a deacon in September 2013, prior to his ordination as a priest in April 2014. He holds undergraduate (B.A. in Political Science) and graduate (M.Div.) degrees from Notre Dame. Raised in the shadow of the Rocky Mountains, Fr. Pat enjoys skiing, cycling, Chipotle burritos, IPAs, old vinyl records, and the Denver Broncos. He hopes to teach at Notre Dame Law School and continue researching at the intersection of religion and property. Fr. Pat currently clerks for Judge Thomas Hardiman on the Third Circuit Court of Appeals, just up the road from his niece and nephews in Pittsburgh, Pennsylvania.
Pia de Solenni. SThD is a theologian, ethicist, and cultural analyst. She recently served as Chancellor of the Diocese of Orange, California, and Theological Advisor to the Bishop. Her work has appeared in various publications including The Wall Street Journal Europe, The Washington Post, National Catholic Reporter, Our Sunday Visitor, and National Review Online. She is also a consultant member of the Pontifical Academy of St. Thomas Aquinas.
Dan Kelly serves as the Faculty Director for the Fitzgerald Institute for Real Estate and is a Professor of Law at Notre Dame. He teaches courses on property law and law and economics, has published in leading academic journals, and currently serves as an Associate Reporter for the Restatement (Fourth) of Property. Before joining Notre Dame, Dan was a judicial clerk on the U.S. Court of Appeals for the Second Circuit, an attorney at Cravath, Swaine & Moore in New York City, and a research fellow at Yale University and Harvard University. He earned a B.A. in Economics and History from the University of Notre Dame and a J.D. from Harvard Law School.