Tuesday 12 January 2016

3 MUST ASK QUESTIONS BEFORE HIRING A LAWYER

In this article we are going to outline to you what you need to ask your lawyer before hiring him or her to help you with wills  and trusts



1. How much does it cost for an initial meeting and what will happen during the meeting?

When you start considering hiring a lawyer so as  to put your legal and financial affairs in order, the very first thing you should do is to call the offices of the lawyers who you will meet with to handle all your planning.

This is a very great opportunity for a first level of screening when you are trying to find the right lawyer for you, your business and your family. Pay close attention to how he/she or the office team answer the phone (or not). You will want to find a good lawyer who will answer the phones and can answer really quick questions for you when you are the client

When you talk with someone on the phone, make sure that you ask what will happen at the first meeting and whether he/she will be a charge of the meeting.

The first meeting should just be an educational meeting. Generally, the purpose of the initial meeting meeting with the lawyer is not just to get to know him, but to be provided with specific information and guidance and information that will be of benefit to you.

Leave the first meeting with a very clear action plan on the next steps that you are going to take to ensure your financial and legal affairs are set up in the best possible way for your family and your business..

It's possible that you are going to be paying for this guidance and don’t be worried to do that because the advice you get can be  really valuable. You should ask the lawyer what the meeting will cost up front so there are no surprises after the meeting.

Look for a good lawyer who has an ongoing service program or a membership program so you can reach out to the lawyer on an ongoing basis for financial, business and legal, without having to worry about being deemed and nickled. Oh, and make sure that your lawyer is not going to charge you for faxes and photocopies.

2. Will you make sure that all my assets are titled in the right way and my business is compliant with all laws?

You can have best legal plan set up for you and your family and the best business structure, but if your assets are structured in the wrong way and your business does not stay compliant, it’s just a false sense of being secure because when the push comes to shove and crisis happens, your legal documents won’t work.

Make sure that the lawyer you are working with is not just going to put legal documents in place for you, but is also going to finish the job, by  making sure that your assets are well structured and your business is compliant.

3. Will you help me make the right choices about things like saving for college, buying insurance, and retirement planning?

Your lawyer can and should offer advice to help you make the right decisions, not just on matters concerning legal documents, but also on matters like purchasing insurance, planning for retirement, saving for college and all the other challenging decisions that you will come up with along the way of your business and your. The Business Lawyer NJ should keep you well informed about things like firing and hiring copyrighting and trademarking, and growing your business.


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