Making a Will & QR News
April 28, 2020
Hello, and welcome back to another home edition of Legal Tip Tuesday. I’m Vince Quatrini. Today, two topics. One is talking about making a will in greater depth, and two is to let you know about a proud moment in QuatriniRafferty history that’s about to occur. So, let’s talk about making a will. Why do you need one? Well, if you don’t have it you don’t get to decide who gets your assets, what percentage they’ll get of your assets, whether you had a special gift you were wanting to give – that’s gone, appointing a guardian – that won’t happen, and what I can tell you will happen, is a lifelong fight amongst your heirs. Here’s some popular names who forgot to write a will: Prince, Aretha Franklin, Bob Marley, Curt Cobain, and none other than Sonny Bono from Sonny and Sher. 25 years later, they’re still fighting about who gets what.
Make it easy, give us a call, come in, and write that will. We’ll also prepare the financial power of attorney, the health power of attorney, and the living will to decide what care you’ll get and not get near death. Remember, your will does not go into effect until you die and it doesn’t have to be recorded at the courthouse. One other thing on this, please, don’t go out and just set up a trust. There’s more involved than people realize and it’s much more expensive than preparing the estate documents that I’m talking about.
My second subject: QuatriniRafferty is establishing a permanent fund for the community at the Community Foundation of Westmoreland Country. It will be called the QR Community Fund. We’re depositing $10,000 and from that fund we will be making gifts into the community for nonprofits. It’s been part of our DNA from day one, the community is who we are and to whom we owe a lot. So, we’re very happy to tell you that it’s being set up, let us know if you have an organization with a need. And like we like to be leaders, we’ll be the first law firm, and the first business, to set up such a fund at the Community Foundation of Westmoreland County. So, as I always say, stay safe, stay calm, stay home. This is Vince Quatrini for Legal Tip Tuesday.