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How hard is it to retool into trusts and estates solo attorney?
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Date: July 20th, 2020 4:05 PM Author: soul-stirring national (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635752) |
Date: July 20th, 2020 4:06 PM Author: Lemon 180 Dysfunction easy as long as you're cool making a chill $40-50k for a while (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635759) |
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Date: July 20th, 2020 4:07 PM Author: soul-stirring national What’s first starting move? Pick up treatise and learn trusts/estates? (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635763) |
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Date: July 20th, 2020 4:08 PM Author: Lemon 180 Dysfunction cr and maybe find a 75 yo old lawyer who's working his way out the door. there's a lot of those (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635767) |
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Date: July 20th, 2020 4:08 PM Author: Accurate at predicting vs Measures of probability (gunneratttt) i just did this. would love to hear from some t&e mastermen. i want to just do personal bankruptcies and t&e to get some steady income while a build up some fraud pi cases. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635770) |
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Date: July 21st, 2020 12:06 PM Author: Chartreuse Forum yeah need to learn that stuff, but big thing is getting a good forms bank from some lawyer. The shit you get off of westlaw is basic as fuck. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639273) |
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Date: July 20th, 2020 4:08 PM Author: Jet-lagged Corn Cake Depends on how hard you're willing to work at business development. If you're aspie and lazy, you're fucked. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635768) |
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Date: July 20th, 2020 4:14 PM Author: soul-stirring national Say sub 6 feet height, but with a knack for charming olds.
What's the hustle like / the practice like? Does one need to get a silent generation mentor to learn the craft from? |
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Date: July 20th, 2020 4:16 PM Author: Jet-lagged Corn Cake No clue. Inhousemo here.
I know almost nothing about T&E. |
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Date: July 21st, 2020 12:09 PM Author: Chartreuse Forum Hustle: wine and dine as many wealth managers and financial planners as you possible can. Give them a rate for a basic will and power of attorney package that is slightly cheaper than the going rate in your town. Focus on younger yuppie families with small children.
Find a great set of forms from somewhere, get a few trust and estate lawyer friends to bounce questions off of and occasionally ask for language (when your client wants something funky in their will)
Get to know a good accountant to send clients to, and to bounce tax questions off of related to trusts and stuff |
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Date: July 20th, 2020 4:12 PM Author: floppy cobalt set If you're chasing high net worth clients, leave the treatise at home and get good at golfing. If you're chasing middle class clients, learn the treatise, but more and more you will need to know elder law (Medicaid planning for long term care). Otherwise, your estate plan will fuck the client when the POA can't move assets for Medicaid or when one spouse dies and leaves money to the spouse who needs to get resources down for Medicaid. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635778) |
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Date: July 20th, 2020 4:13 PM Author: Jet-lagged Corn Cake How much of T&E law is just plugin basic client information into forms / templates?
I get the impression that's 90% of it. |
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Date: July 20th, 2020 4:15 PM Author: floppy cobalt set That is 90% of it, the other 10% being waiting for them to die so you can make real money on the estate administration. But changes in the law do happen and you need to update your documents. And basic shit like when to use a trust vs. a will. Gets a little more complicated if you handle a small family-owned business as part of the planning. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635797) |
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Date: July 20th, 2020 4:13 PM Author: Accurate at predicting vs Measures of probability (gunneratttt) the whole estate planning around medicaid thing really make me mad. such a fucking fraud world. just do m4a already, fuck. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635786) |
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Date: July 20th, 2020 4:17 PM Author: floppy cobalt set It's in the law, just like tax planning. I'd agree with you if there were some other solution for the problem of how the fuck a middle class person will pay $11K a month for skilled nursing care. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635804) |
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Date: July 20th, 2020 4:19 PM Author: Accurate at predicting vs Measures of probability (gunneratttt) just give it to everyone (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635818) |
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Date: July 20th, 2020 4:23 PM Author: floppy cobalt set That would be terrible for business, bro. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635838) |
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Date: July 20th, 2020 4:24 PM Author: Lemon 180 Dysfunction (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40635841) |
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Date: July 20th, 2020 4:26 PM Author: Ruby frozen location mad-dog skullcap i was thinking the same thing until i dug a little bit into malpractice.
T&E is mal heaven, and you are guaranteed to be fighting mal accusations at the end of every single case, over every single penny.
Seems more nightmarish than divorce, tbh. Who needs the fucking aggravation for shitlaw salary |
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Date: July 21st, 2020 12:12 PM Author: Plum Newt Clown sounds cr. t&e seems like hell (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639302) |
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Date: July 21st, 2020 12:00 PM Author: Low-t wonderful old irish cottage Just learn to golf. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639242) |
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Date: July 21st, 2020 12:15 PM Author: Provocative Office Coldplay Fan How many months of self study should one do prior to seeking the first client (assuming you dont want to get sued for malpractice)? (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639315) |
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Date: July 21st, 2020 12:39 PM Author: Low-t wonderful old irish cottage Do you have a good grasp of property and wills? It isn't too difficult to draw a will for a poor person.
If you are representing a PR in your first case you should probably work underneath an old lawyer for a bit. |
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Date: July 21st, 2020 12:40 PM Author: Provocative Office Coldplay Fan I took T&E in law school but forgot everything already.
Fuck, dont have anyone to work off of. How do you find these old mentor lawyers? |
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Date: July 21st, 2020 1:35 PM Author: Low-t wonderful old irish cottage Just ask a shitlawyer you know to hook you up. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639763) |
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Date: July 21st, 2020 1:40 PM Author: Provocative Office Coldplay Fan Will try, ty (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639808) |
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Date: July 21st, 2020 1:58 PM Author: Ruby frozen location mad-dog skullcap build the malpractice defense costs into the fee because they are coming, 100%. Its just stage 2 of the proceedings (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40639946) |
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Date: July 21st, 2020 7:14 PM Author: Low-t wonderful old irish cottage My firm does more estate work than anything else and we have never had a scare. However insurance rates would suggest to the contrary. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40641535) |
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Date: July 21st, 2020 7:17 PM Author: underhanded painfully honest main people juggernaut The fuck? T&E is a low malpractice risk area. Family law and criminal are where most malpractice risk sits. T&E lawyers buy those $2000 practice guide sets and just recycle the forms for 30 years. There is no malpractice risk. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40641557) |
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Date: July 21st, 2020 7:18 PM Author: underhanded painfully honest main people juggernaut Also real estate because it’s mad easy to fuck up a title. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40641562) |
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Date: July 22nd, 2020 7:47 AM Author: Low-t wonderful old irish cottage T&E has the highest rates for malpractice insurance.
I think you don't know what you are talking about if you think criminal has high malpractice risk. All your old clients are in prison, so who what are they going to do? |
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Date: July 22nd, 2020 8:09 AM Author: Lemon 180 Dysfunction I bet criminal gets a ton of bar complaints but the actual malpractice risk is low. Who’s going to take on a malpractice case when you know there’s a 95% chance he was getting convicted anyway (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40643610) |
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Date: July 22nd, 2020 11:34 AM Author: Low-t wonderful old irish cottage If a jury convicts a guy, I don't see how a malpractice case can even get by a 12b6 due to issue preclusion. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40644303) |
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Date: July 22nd, 2020 12:47 PM Author: bossy box office gay wizard This is flame right? (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40644633) |
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Date: July 22nd, 2020 1:07 PM Author: Low-t wonderful old irish cottage Not flame. Explain how a criminal malpractice case works. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40644714) |
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Date: July 22nd, 2020 2:07 PM Author: Lemon 180 Dysfunction I guess you'd have to have a 6th amendment/gideon release and a finding of ineffective assistance first. I mean, no client is going to want to sue his lawyer from in jail anyway he's going to want to get out of jail first (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40645001) |
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Date: July 22nd, 2020 2:33 PM Author: Low-t wonderful old irish cottage Yeah, and that NEVER EVER happens. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40645159) |
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Date: July 22nd, 2020 2:36 PM Author: Lemon 180 Dysfunction yeah the standard of proof on these is insane (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40645171) |
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Date: July 22nd, 2020 12:33 PM Author: floppy cobalt set Your state bar association almost certainly has CLE materials on the fundamentals, including templates. That will get you started, point you to the right title in your state statutes to learn, and help you know why the template says what it says. But seriously, if you are taking high net worth clients, you will need to learn tax issues and become familiar with the various kinds of trusts. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40644586) |
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Date: July 22nd, 2020 12:43 PM Author: Chartreuse Forum exactly. High net worth clients are a different animal. You need advanced training in trusts and tax law. (https://autoadmit.com/thread.php?thread_id=4588601&forum_id=2#40644621) |