So, bluesman, was I wrong in not hiring an attorney setting up my second L.L.C. ? The first one cost me $1k paying an attorney. The second one only cost me the fee the state charges. I'm a D-I-Yer of almost everything. I rarely hire anyone to do anything. In fact, last I checked a person can represent themselves in a court of law. Your credentials and experience have been earned and I respect them. However, you may not always be the smartest person in the room, and there are plenty of guys around here that are competent enough to figure out how to set up their own trust for themselves. It's not rocket science. And if they care to guide someone along, I see no harm in the matter. Local, State, and Federal law is open for any citizen to interpret. The problem is, it is not always written in plain english that the layman can wade through the B.S. and extract the true meaning in a timely fashion. It was written by attorneys for attorneys, almost as a foreign language. Trouble is, some people are smart enough to sort it out for themselves, and do their own work. And I understand that hurts your business. No different that someone that doesn't need to hire me to weld something for them because they have a welding machine they are competent using
P.S. the term is "couldn't care less" not could care less. Guess that is not instructed in any Ph.D courses.
Read my posts again and this time try to understand them. If your post is an example of your comprehension and understanding of what I said then I would be scared as hell of any LLC you set up. In fact - law IS ROCKET SCIENCE. You just haven't figured that out yet. Do they write rocket science in plain english so the layman can wade through it - nope. Some things are just not meant to be understood by the layman. Unless one has has the training and background they are never going to understand the subject matter. It's just like my truck - I used to work on them but today I don't even try. I would love to see a layman try to fix a complicated problem with a modern vehicle - that's a FUBAR waiting to happen. I personally have not met a layman in my 37 years of practicing law that I felt was competent to create a trust and I have a lot of very successful intelligent business people as clients.
As for it hurting my business - again you need to try to read my posts and understand them. I clearly stated that I DO NOT DO GUN TRUSTS. I even indicated that I was sending a client out to a gun trust lawyer. None of this garbage nor the DIY guys effect my business at all. My law practice is highly specialized and limited to tax, estate planning, and probate work. Heck I like it when someone DIY'S their own tax and estate planning. When I get to fix the mess they created at $450.00 an hour it's like manna from heaven. Not my fault they did it themselves and screwed things up, but if you think I'm going to finance their FUBAR's or take pity on them your wrong. You reap what you sow.
As I said:
" I suggest you read the posts on this thread carefully (including yours), and then go read the statute for yourself. I gave the section to you - so you won't even have to try to look it up. After carefully reading the statute against the posts on this thread - If you then still want to be a "shoe clerk" practicing law (low information unlicensed fool giving legal advice) - then by all means - HAVE AT IT!!!!!! bang bang bang bang"
PS: It's actually "could not care less" not couldn't care less. But you need to read my post again and as I previously indicated I don't type well and don't claim too - so you don't score any points there. I have secretaries that do my typing for me and and don't need to type well. By the way - I don't proof read my posts of forums such as this and don't intend to start.
"a person can represent themselves in a court of law" Great statement. For a layperson it would be like being in a wheelchair with both hands tied behind them. Love to see you go up against a trained lawyer in a court proceeding. TOTAL WIPEOUT!! We have a saying for that in the profession also - "a person who acts as their own lawyer has a fool for a client and a fool for a lawyer" Shucks I guess that could also apply to those DIY guys that create their own trusts, couldn't it.
Personally I think Cast made the best post on this thread, so in closing, I quote:
"We've done this several times guys. It always ends like this. Chill and do what you want, but, butt out if someone else doesn't do it your way."
You've been warned, so like I said "HAVE AT IT"!!