What Does a Good Estate Plan Look Like? | Part 1 of a 10 Part Series | Good Estate Planning Involves a Lot More than Deciding Who Gets What

What Does a Good Estate Plan Look Like? | Part 1 of a 10 Part Series | Good Estate Planning Involves a Lot More than Deciding Who Gets What

Good estate planning involves a lot more than deciding who gets what. The Living Trust Source, powered by InSource Law LLC, recommends that you consider the following when creating or updating your estate plan: Instructions for your care if you become incapacitated Instructions for passing your values Specific provisions for loved ones who might be irresponsible with money or who may need future protection from creditors Protection for your loved one’s inheritance in case of…

Cost Control – Can Legal Fees be Accurately Forecasted?

Cost Control – Can Legal Fees be Accurately Forecasted?

While I was operating a solo law firm from 1997 to 2008 I never thought much about the widely accepted yet inherently unfair law firm billing practices across the entire legal industry – mine inclusive. We attorneys have been billing corporate clients by the hour for hundreds of years. Abraham Lincoln said, “A lawyer’s time and advice is his stock in trade.”  Then I saw how it looked from the client’s side. While working as…