Wills & Retirement Plans
A bequest can be made by naming La Plata Open Space Conservancy as a charitable beneficiary either in your existing will (by adding an update, called a codicil) or when establishing a new will. Suggested Language: “I give, devise and bequeath to La Plata Open Space Conservancy, of Durango, Colorado, assets having a value equal to __% of my gross estate to be used for its general charitable purposes.” You can also name La Plata Open Space Conservancy as a beneficiary of your retirement plan. IRA, 401k, 403b’s are popular and effective saving vehicles. If you name LPOSC as a beneficiary in the event of premature death, none of the asset is subject to tax.