7 Steps to Creating an Estate Plan For Life

estate plan

Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating an estate plan during your lifetime is far less complicated (and less expensive) than what your family will deal with after you are gone, if you don’t:

1. Create a Trust. When most people think of preparing for the end of life, they think of writing a Will. But having a Will without a Trust is a fast track to putting your family in the Courthouse after you’re gone. Instead, to keep your family out of Court, you’ll want to set up a Trust and title all of your assets to be owned by that Trust. While it might feel like a lot of effort up front, it will save your family a LOT of trouble after you’re gone, and it only takes a couple of days to gather the necessary statements and financial information. Plus, a lot of my clients have stated that putting all their financial information in once place that was easily accessible was something that had been on their “to-do list” anyways!

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Legal Cartoon

Compliments of Mark Anderson of Andertoons

How to Place a Bid on Legal Bistro

Bid-for-Placement: what does it mean? Why do we need it?

A bid is a sum of money that a lawyer offers for the opportunity of talking to a client, to receive his contact information and discuss his case (the minimum amount you can bid on is 6 law dollars).

It’s important to remember that a lawyer’s bid on a case determines where in the list of competing, “bidding” lawyers their profile will be displayed to the clients, who posted the case. The profile with the highest bid will be displayed first and the lowest, respectively, the last.

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Writing an Effective Biography on Legal Bistro Helps Attorneys Get New Clients!

Why should a lawyer bother to write an outstanding biography and why is it the most important part of the lawyer profile? It’s so simple!

A bio is a snapshot of a lawyer’s professional experience:

  • who they are,

  • what they do,

  • specialist expertise and

  • examples of client work.

A good biography “sells” their expertise to potential new clients.

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Legal Bistro Elevator Pitch for Lawyers

What is an Elevator Pitch?

An “Elevator Pitch”, also known as an elevator speech or statement, is a short summary used to quickly define a person, product, profession or organization and its Value Proposition.  The name “elevator pitch” conveys that the person who is delivering the message has about the same time that it takes the typical elevator to go from the ground floor the top floor to convince their audience about their proposal.  A well designed elevator pitch should be between 30 and 60 seconds.

How to Write a Good Elevator Pitch

The “Elevator Pitch” on Legal Bistro is five lines (500 words maximum) of text that are displayed to potential clients in what we call the “Short Profile Preview”.  This is the very first thing that a potential client will see about you and your law firm so you should give a lot of thought to what you would like to say.

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Debt consolidation calculators – Are they really beneficial for the consumers?

Facing financial problems? Want to consolidate your debts? Why don’t you choose a debt consolidation calculator and work out the calculations? This will help you understand how much you’ll be paying every month on your outstanding dues. So, if you’re struggling to handle your debts, it may be the time when you need to consolidate them. If you’ve your own house or any real estate property that you had purchased it with a loan, then you may use a debt calculator to know the amount you will have to pay for it.

With the help of debt consolidation, you can combine all your debt into one. Thus, you’ll be making only a single monthly payment. This is just like taking out a new loan so that you can save on the monthly interest rate. This will also make the payments much easier for you. This is a great way to deal with your financial problems so that you can move towards a debt-free life.

How does a debt consolidation calculator work?

Debt consolidation calculator is a great tool for the consumers who want to consolidate their debt. Read on to know how this calculator actually works.

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Why Consumers Love Legal Bistro

 Do you need a lawyer but are intimidated by the legal process?  Are you concerned that professional legal services may be financially out of reach?  Perhaps English is not your native language and you are having trouble finding a qualified attorney with whom you can effectively communicate.  Don’t worry, if you answered yes to any of these questions you are not alone.

We built Legal Bistro because we were inspired by the contribution that Lending Tree made to the process for finding a mortgage lender.  Lending Tree used the power of the Internet to bring online competition in the mortgage application process. Equally important is that Lending Tree’s website has helped consumers to better understand the process of applying for a home loan. We hope that Legal Bistro can achieve similar results in the legal services market.

When Lawyers Compete, You Win!

The single biggest reason why consumers love our service is because Legal Bistro facilitates lawyers competing online to serve the client.  Our Company motto is that When Lawyers Compete, the Client Wins! Frankly, we believe that both lawyers and consumers win when the competitive playing field has been leveled.

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Why Lawyers Love Legal Bistro

    

Are you happy with the current Return on Investment (“ROI”) for your online legal services marketing dollars?  Are you spending too much of your time qualifying leads? wasting time imagesDo you know anything about the visitors to your law firm’s website besides their IP Address and the date and time of their visit?  More specifically, are you being provided with case specific  facts that will help you evaluate their legal needs?

If you have answered yes to some or all of these questions then perhaps you will appreciate why lawyers love Legal Bistro.

YOU ARE IN CONTROL

You decide what cases you see based on the Practice Groups, Case Types and Tag or Key Words used when defining your Areas of Practice.

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U.S. Personal Income Tax Rates – How Do They Compare Wiith the Rest of the World?

    

If you feel that personal income taxes in the United States are too high, you might be interested to learn that more than 8,000 French households had their 2012 tax bills top 100% of their income.

CNBC, in an article written by Holly Ellyatt entitled: Thousands of French Households Taxed 100%,French Symbol images it was reported that an additional 12,000 households paid taxes that were worth more than 75 percent of their 2011 income and that a further 9,910 households were taxed at more than 85 percent of their income.

The French business newspaper, Les Echos, reported that the excessively high taxes were the result of a “one-off levy” that was imposed on the 2011 incomes of French households with assets of more than 1.3 million euros (approximately $1.67 million).  The surcharge was introduced by socialist President Francois Hollande in an attempt to offset the cost of a rebate scheme and taxation cap that had been introduced by former President Nikolas Sarkozy.

In response to the personal income tax changes, the French Constitutional Council said that: “such a high income rate was unfair and could be viewed as confiscatory”.  The Council went one step further suggesting that the government should shift the burden to French companies thereby causing a major uproar throughout the French business community.

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