Are Prepaid Legal Services Worth It?

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Like insurance, prepaid legal services allow you to pay a set amount monthly to help cover costs for future legal issues. … Although minimal help is available through these services, some people try to use them to pay for an uncontested divorce.

In 2011, Pre-Paid Legal went from being traded on the New York Stock Exchange back to being a private company when it was acquired by MidOcean Partners for $650 million and subsequently changed its name to LegalShield.

We cover virtually any personal legal need your members face as they go through life, such as will preparation, debt collection, adoption and buying a home. We do not cover business or employment-related matters.

How do I become a LegalShield associate?

Sell LegalShield as a solo associate, or lead your own team. The flexibility of our sales model means however you choose to sell, you define your business opportunity. Associates usually start out by making sales on their own, and you’re welcome to remain a solo associate if that’s how you work best.

Can you cancel LegalShield at any time?

You can cancel your membership at any time, for any reason. Once your membership is cancelled, we will refund any unused portion of your membership fee on a pro-rata basis.

Is LegalShield worth the money?

Is LegalShield worth it? LegalShield is worth it if you frequently need to consult an attorney and are looking for a budget-friendly option. We recommend the company for individuals, families, small businesses and HR professionals who have a monthly need for legal assistance.

How much does it cost to be a LegalShield associate?

Signing up as a LegalShield Associate The current cost of becoming an Associate is $99 plus any applicable state licensing fees. Associate sign-up fees will only be refunded if the Associate terminates their agreement within 5 days of the effective date.

Which is better LegalZoom vs LegalShield?

LegalZoom is a larger, better-known competitor to LegalShield and offers some of the same services. With the LegalZoom business legal plan, you’ll receive attorney phone consultations, legal forms, and document review. They also offer business formation services.

How much does LegalShield cost per month?

LegalShield offers unlimited legal advice and 24/7 emergency assistance starting at $15.95 per month for a family, including a primary account holder, spouse or partner, and dependents and $39 per month for a small business.

Will LegalShield represent you in court?

The short answer is yes. All LegalShield memberships include benefits that allow your attorney to represent you in court at a substantial savings over hiring an attorney directly. Most plans include trial defense representation for covered civil suits at no additional cost.

Prepaid legal costs about $300 a year. That’s about $3,000 over ten years. The average American consumer does not spend $3,000 in a ten-year period of time on legal bills.

Can LegalShield help with IRS?

If you get audited, LegalShield can help. They can answer any legal questions you may have throughout tax season. If the worst happens and the IRS accuses you of tax evasion or fraud, you already have your LegalShield lawyer in your corner.

How to cancel LegalShield via emailExplain why you want to cancel the service in your email.Include your membership number and personal info.Send the email to LegalShield customer support team at support@legalshieldcorp.com.Wait for the cancelation confirmation.

Harland StonecipherLegalShield/FoundersStonecipher,” said Jeff Bell, CEO of LegalShield. “Mr. Stonecipher founded Pre-Paid Legal Services, Inc. in 1972 and led the company to greatness throughout his 40 years at its helm.

Pre-Paid Legal plans provide access to services such as legal advice, information by phone, office consultations, preparation and review of legal documents and contracts, trial representation, property advice and settlement, negotiation and mediation services, Wills and Powers of Attorney, a 24 hour legal emergency …

When you have a legal insurance plan, you can go online or call and be connected to a local Network Attorney who practices in the area of law you need. … If your legal matter is fully covered by your insurance plan and you use a Network Attorney, you won’t have to pay any attorney fees.

Can I pay a lawyer monthly?

You do not have to pay an attorney’s full fee up front. Many lawyers will work with clients on a payment plan. Make regular installments, as agreed, and you should have no problem.