I was giving a presentation the other day, and a couple of the people in the crowd claimed that lawyers are too expensive. But that statement, on its face, is too broad to be true.
Is $10? Is $1,000 expensive? Is $5,000 expensive? What about $10,000?
Obviously, if you answered $1,000 is expensive, then the larger numbers would be too. But who thought $10 was expensive? Who asked the right follow-up question – what am I getting for those dollars?
Would your answer change if I said the $10 was for a pack of gum? The $1,000 was for a 72 inch HD television. The $5,000 was for an all-inclusive two month cruise around the world. And the $10,000 was for a 2015 BMW 320i luxury car.
Now the $10 looks expensive, while the other dollar amounts may be categorized as “cheap.”
So, are attorneys expensive? It depends on what you are getting.
When developing an estate plan, we are looking to craft a plan that provides you and your beneficiaries the maximum protections available. We want to make sure that we understand your current situation and then use our knowledge and experience to plan for the future.
We want to develop an estate plan that give you the peace of mind that you are your loved ones are being taken care of. What is the value of that peace of mind?
If you are like those folks in my presentation, and think that attorneys are expensive, I would challenge you to come and meet with one of our attorneys so you can see all that you get for the money that you spend.
Contributed by MH Estate Planning Attorney, James P. Plitz.
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