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.
Why Choose Morris Hall:
You have a number of options when it comes to estate planning, so why pick Morris Hall? First off, estate planning and asset protection are a very complicated endeavor and you should only trust someone who focuses exclusively on those matters. Also, MH is a proud member of The American Academy of Estate Planning Attorneys (AAEPA) which provides us additional support, advanced training, tools and information that is not available to others – which means that we can better protect your assets and your loved ones. We are one of only two firms in Arizona that belong to the AAEPA and are the only firm in that has been granted membership. If you have assets and loved ones that you want to protect, you are in good hands with MH. Contact us today at 888.222.1328 to schedule an appointment!
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.
- What the Proposed Treasury Regulations Mean for Deductions Under Internal Revenue Code Section 2053 - September 16, 2022
- Does Your Estate Have Sufficient Liquidity? - September 14, 2022
- Understanding Asset Protection Trusts - September 12, 2022