A 2010 Indiana court judgment highlights the significance of dealing with an estate planning lawyer who can create a customized estate plan to meet your specific requirements.
An Indiana insurance coverage marketing company that provided estate strategies to clients, particularly targeting senior citizens and the elderly, was just recently found to be practicing law without a license. This marketing company not only tried to sell an ‘estate plan’ to their customer, however they also utilized their consumers’ monetary info to try to sell them insurance coverage products.
In the case of Indiana State Bar Association v. United Financial Systems Corporation., it was found that a marketing firm used a panel of legal representatives to prepare estate planning files, such as wills, trusts and powers of attorney. Non-lawyers, really salesmen, consulted with and gathered the info from the clients, and also provided and monitored the finalizing of the documents. For this service, a consumer was charged over $2,000– which remains in the series of what an estate planning lawyer would typically charge for drafting and personalizing a number of estate planning documents.
The Indiana Supreme Court ruled that the business’s service model “marginalized the attorney’s role to such a degree as to cross the line of allowable practices.” The court not only went into an injunction against the company, however they also bought it to supply a copy of the court’s viewpoint to all of their consumers, to offer refunds to specific customers, and to pay attorney’s costs and costs of the Indiana State Bar Association, which brought the suit against the company.
A real estate plan can not be bought online, nor bought from a marketing company– it needs to be custom-made to suit your requirements. Deal with an estate planning attorney in your state to provide the legal expertise that your family requires, and deserves.