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I like a good bargain as much as the next guy, but there are times when going the cheap route ends up costing a lot more in the long run. I've written plenty over the years about cases where we have been hired to clean up other attorney and/or advisors' messes. (It's no secret that we also have had to step in when people decide to play attorney for a day, attempting "Do-It-Yourself" estate planning.) So, when I came across this recent Forbes article, I thought it would be a good idea for our clients and readers of this blog to hear it from someone else.
I urge you to please take a moment to read, "Nothing is More Expensive Than a Cheap Lawyer" by entrepreneur and angel investor, Amy Rees Anderson.
And, if you care to hear our take on the subject again, here are a few related pieces that we've written:
"The Dangers of 'Do-It-Yourself' Wills and Trusts: Packaged Estate Planning Docs Are a Big No-No"
"Do-It-Yourself Estate Planning: A New Low"
"Estate Planning During Tough Economic Times: Why Estate Planning is One Corner You Cannot Afford to Cut"