In-will bequest commitments are the most frequent type of planned gift received by RLHT. Bequests can be undesignated or designated, specific, conditional, or residual. If you already have established a will, a codicil can be established to make amendments to include RLHT as a beneficiary.
Sample bequest language:
“I hereby bequeath (specify a percentage of your residuary, amount, or specific property) to Rangeley Lakes Heritage Trust, Inc, a nonprofit corporation operating in Rangeley, Maine, (Federal Tax ID #01-0472641), for its general use and purpose. If circumstances make the specified use of this bequest no longer practical or desirable, the RLHT Board of Directors is hereby authorized to make changes in its use while keeping as close as possible to the spirit and general intent of the bequest.”