Cash Bequest to Colorado Rocky Mountain School
A cash bequest provides Colorado Rocky Mountain School with a specified sum of money from a donor’s estate. These bequests are fulfilled second, after specific and before residuary bequests.
“I give _____ Dollars ($_____) to Colorado Rocky Mountain School, a Colorado non-profit corporation (tax ID Number: #84-0425174), 500 Holden Way, Carbondale, Colorado 81623 to further the objectives and purposes of Colorado Rocky Mountain School.”
Residuary Bequest to Colorado Rocky Mountain School
A residuary bequest is made from the residue, or what remains in a donor’s estate after specific and cash bequests, taxes, settlement costs and debts are satisfied. This type of bequest is sensitive to changes in the size of the estate over time.
“I give the residue (or _____ percent of the residue) of my estate to Colorado Rocky Mountain School, a Colorado non-profit corporation (tax ID Number: #84-0425174), 500 Holden Way, Carbondale, Colorado 81623, to further the objectives and purposes of Colorado Rocky Mountain School.”
Specific Bequest to Colorado Rocky Mountain School
A specific bequest gives a specific item or specific piece of property to Colorado Rocky Mountain School. Such bequests are fulfilled first, before cash and residuary bequests. If the donor disposes of the specified property during his or her lifetime, there will be no bequest to Colorado Rocky Mountain School.
“I give ________________ (describe asset) to Colorado Rocky Mountain School, a Colorado non-profit corporation (tax ID Number: #84-0425174), 500 Holden Way, Carbondale, Colorado 81623 to further the objectives and purposes of Colorado Rocky Mountain School.”
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