Types Of Legal Plans
A prepaid legal plan is a scheme based on the payment in advance of a set fee to defray the cost of providing future legal services to the members enrolled in the scheme. They vary in cost, scope of legal coverage provided and how the legal services are provided. We will look at the different types of pre-paid legal plans available in the United States and how to enrol into them
An individual pre-paid legal plan is readily accessible to the general public. There are two types of individual plans: access and comprehensive. An access pre-paid legal plan is the most basic plan. It is designed to give easy access to lawyer and a set of simple legal services for a low cost. Basic services furnished include unlimited toll-free phone access to your attorney for consultation and advice, letters written by the lawyer on your behalf, brief office consultation and the drafting or review of simple legal documents.
Complex legal issues not covered will be subject to an hourly or flat rate negotiatable with your provider
The comprehensive plan goes beyond basic legal services, to offer more complex and comprehensive coverage for a premium in cost. Generally, all the benefits of an access plan are provided at no cost to you, plus a broader range of services like drafting complicated legal documents, negotiations with adverse parties, legal representation in court cases such as divorce and child custody. They also cover all the costs involved in a legal litigation. Comprehensive plans typically start at $300 per year and are most beneficial to middle-class families.
A group legal plan is typically sponsored by an organization as a fringe benefit to its members. The lawyer or law firm contracted provides free or low-cost legal coverage to all members of the sponsoring organization. Employers, labour unions and even universities are now increasingly offering group legal plans to enhance the value of their benefits package and reduce the cost of administrative burden. Law firms are contracted to provide participating members telephone and office consultation for their most frequently needed legal matters. These typically include: Preparation of wills and trusts, document preparation and review, debt and real estate matters and family law.
Additional legal coverage can be contracted according to a fee schedule negotiable between the plan sponsor and provider, and publicised to participating members.
Prepaid Legal
Differences Between Pre-Paid And Legal Plans
Group Legal Plans Benefits For Employer And Employee
How To Enrol For A Legal Plan?
Common Services Offered By Pre-paid Legal Plans
Pre-paid Legal: Are You Really Going To Use It?
Who Is Involved In Legal Services?
Benefits Of Pre-paid Legal Plans
Prepaid Legal
Pre-paid Legal: Are You Really Going To Use It?
... work. Transactional and business law is the area where you will most probably find pre-paid legal services most effective. If you frequently need to someone to draft your wills, review simple contracts and set up advance health-directives or simply want competent legal advice at your disposal, then going ...
Pre-paid Legal Plans Promote Preventive Law.
... the services of a lawyer, under a pre-paid legal service scheme, to solve a legal problem or resolve an intricate situation. Often, your lawyer's most valuable help could be before you get involved in legal trouble. When you sign up for a pre-paid legal plan, you have the right to unlimited toll-free ...
Types Of Prepaid Legal Services
... cover the legal needs of the member, spouse and any dependent children. In a prepaid legal service plan, the customer pays a fixed monthly subscription fee of up to $25 for the services of pre-selected lawyers. The most basic plans provide advice and consultation by telephone. Plan members receive a few ...
Pre-paid Legal Services For Small Business
... and your local Better Business Bureau to research law firms and the background of the attorneys in the network before selecting them. Things to look for are the number of years they have been operating, complaints from previous customers, the education background of attorneys, professional track record ...
Common Services Offered By Pre-paid Legal Plans
... that it's valid when you die. He will also advise you on any provisions you might want to consider, such as appointing a guardian and establishing a trust. Discount on regular fees: Any additional services not covered in the written fee agreement will be at regular fees - either hourly or flat - with ...