Recently we approached a lawyer (recommended by friends) to discuss asset protection by gifting personal assets to a "finance trust" , blah blah.
We already knew what we wanted to do; we only saw the Lawyer coz our friends said he knew his stuff and reasonable fees so we gave him a go.
After the meeting we thought yeah they seemed to understand what we wanted etc. we would not mind going with them if fees are OK . We then received a letter from them summarising the strategy and stating their fees which we don't think is that over the top . So far so good.
The only problem we have is: they put these words as heading of the letter to us " FAMILY PROTECTION - BETA STRATEGY (with little tm next to it for trademark") PATENT NO .......... "
Are they saying the strategy we discussed in the meeting is THEIR intellectual property? as we did not think it was anything special at all, we knew about it from our accountant already, just wanting someone to implement it ??
Is this the norm or they are having us on ??
We also DID explain to them about HDT when discussing a new trust for our future investments, as they initially told us a DT would be all we need. At the end they agreed that a HDT would be better !!!!
We don't have much experience dealing with lawyers so any comments would be appreciated.
ta
We already knew what we wanted to do; we only saw the Lawyer coz our friends said he knew his stuff and reasonable fees so we gave him a go.
After the meeting we thought yeah they seemed to understand what we wanted etc. we would not mind going with them if fees are OK . We then received a letter from them summarising the strategy and stating their fees which we don't think is that over the top . So far so good.
The only problem we have is: they put these words as heading of the letter to us " FAMILY PROTECTION - BETA STRATEGY (with little tm next to it for trademark") PATENT NO .......... "
Are they saying the strategy we discussed in the meeting is THEIR intellectual property? as we did not think it was anything special at all, we knew about it from our accountant already, just wanting someone to implement it ??
Is this the norm or they are having us on ??
We also DID explain to them about HDT when discussing a new trust for our future investments, as they initially told us a DT would be all we need. At the end they agreed that a HDT would be better !!!!
We don't have much experience dealing with lawyers so any comments would be appreciated.
ta
