A prominent, civic minded entrepreneur decided to leave an estate to a local historical society, however, if the society were to ever become defunct, the entrepreneur wished ownership of the property to pass to the local hospital. What can the entrepreneur do to ensure these wishes are honored

While an agreement in writing may express the intention, it lacks the legal enforceability of a deed restriction. If the historical society dissolves, there may be disputes or complications regarding the validity of the agreement, and such a document might not hold up in court.

A life estate gives the historical society ownership for a specified duration (the life of an individual) but becomes complex if the society dissolves. The property would not automatically pass to the hospital upon dissolution; instead, it would depend on the terms of the life estate, making this option less effective for the entrepreneur's intentions.

Filing a certificate of escheat is unnecessary and does not directly address the transfer of property upon the dissolution of the historical society. Escheat occurs when property reverts to the state due to lack of heirs, which is not relevant in this scenario, where specific beneficiaries have been identified.