We often think of Wills as something we will need later in life. But, just like having a retirement plan, the sooner you start, the more secure you can be.
GET EDUCATED EARLY
Talking to an attorney about Estate Planning will provide you with an understanding of what scenarios could happen if you were to pass away. Obviously, this is not everyone’s favorite conversation. However, it’s an important conversation and the more you know now the better you can plan in the future. Our firm can walk you through the Estate process in Westmoreland County and how having a Will can make a tremendous difference. (On a side note, we can also walk you through the Estate process in Florida if you see yourself retiring there someday too.)
BE PROTECTED LONGER
The sooner your Will or Estate Plan is in place, the longer it is there to protect you. Laws do change overtime, but generally speaking, Wills are not perishable. There is a value to knowing that if tragedy strikes, your property will be distributed how YOU would like it to be. If you do not have a Will, then your property will be distributed in accordance with Pennsylvania law.
PAY LESS NOW
Unfortunately, the cost of everything goes up. No one can definitively say what the cost of something will be thirty years from now. But, an educated guess would be that whatever it is you are buying today, it will cost more thirty years from now. When you consider that a Will likely costs less now than thirty years from now and it will protect you longer if you do it sooner rather than later, it makes economic sense to have a Will in your 30’s. You can always update your will as time goes on (in fact, we recommend it).
For 35 years, Bononi & Company has served Southwestern Pennsylvania. We are available at our Greensburg, Latrobe, and Johnstown offices to guide you through the Estate process and answer any questions you may have. You can call us at 724-832-2499 whenever you are ready to have a conversation about your Will.