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 enroll 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 negotiable 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, labor 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.
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Legal Plan News Articles:-
- Hyatt Legal Plans, a MetLife Company, Finds Members? Usage for Debt and Financial Matters More Than Doubled in Tough ...
Employees coping with a difficult economic environment often find that their financial problems require legal solutions. In fact, from 2007 to 2011, Hyatt legal plans, a MetLife company, has found that the number of legal services requested by plan participants for debt and financial matters more than doubled and requests for bankruptcy counsel increased nearly threefold.
- Suit against legal plan administrator dismissed
HIBBING - A lawsuit against a Hibbing legal plan administrator with ties to Hibbing has been dismissed.
- Entrepreneurs Optimistic About 2012, According to Kauffman/LegalZoom Startup Confidence Index
KANSAS CITY, MO-- - Owners of startup companies are surprisingly optimistic about 2012, according to the first Kauffman/LegalZoom Startup Confidence Index released today by the Ewing Marion Kauffman Foundation ...
- National Director, Special Events (philanthropy)
National Jewish Health located in Denver, Colorado, a world leader in research and the treatment of respiratory, immune and allergic disorders, is seeking a highly motivated and seasoned National Director for our Development Department specializing in Special Events.
- Edgecombe-Nash Retired School Personnel learn of legal services plan
The Edgecombe-Nash Retired School Personnel met Nov. 15 in the Warner Room at Braswell Memorial Library. President Laurette Lewis welcomed everyone. Lewis read a thank-you note from Yolanda Owen, winner of the Edgecombe Community College scholarship. She will present the scholarship award at ECC.
- Legislators: Study before shuttering Taunton State Hospital
There is growing support among state legislators, including lawmakers from as far as Pittsfield, to block the proposed closure of Taunton State Hospital. Toward that end, they have called for a study on the effects that shuttering the facility could have on the Massachusetts mental health system.
- Time for council to get constructive with CAW turbine
In its latest effort to halt the construction of the wind turbine at the CAW Family Education Centre in Port Elgin, STOP (Stop Turbine Operation Policy) representative and Saugeen Shores resident Greg Schmalz once again came before council at the committee-of-the-whole meeting last Monday night.
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