The New Economics of Divorce - No Home Equity
It is no secret that we are seeing a peculiar time in US history. Home ownership has traditionally been one of the most significant wealth builders for the majority of families. When it came time to send kids to college, home equity was often a cushion which would be tapped to make this dream possible. If you needed a new car, a home equity loan could help you find the cash to make it happen. One less obvious use of home equity is it enabled couples to have something to split up and yes, pay for a divorce. It seems that falling real estate prices are having impacts on all sorts of American past times. http://abcnews.go.com/Business/Economy/comments?type=story&id=4705137
At its peak, you were 40 - 50% likely to get divorced. That rate had grown rapidly over the past twenty years and even further back. I read one estimate of divorce rates which calculated you were 2 and a half times more likely to get divorced than you were just 20 years ago. As the real estate markets and stock markets continue to soften, it will be interesting to see if divorce rates go down as well. If however divorce is ingrained in American society, then it might be time for quarrelling spouses to demand more efficiency from their divorce or family law lawyers. Examples of being more efficient include requesting flat fees from your lawyer so you have certainty on the costs you will face. For many items such as support hearings, custody hearings or very simple divorces, there is no reason why you can’t ask for a flat fee. It is also a good way to determine if your attorney is truly experienced in this area of law. If a lawyer doesn’t know what pitfalls a case can encounter, it is very unlikely they will agree to a flat fee. However, if they know the area of law, they can at least explain why a flat fee won’t work for your engagement. Some other strategies we use at 1-2-3 Law Group is to provide as much free information as possible online. One example of a podcast on divorce is here.
Another example we utilize is to encourage online communication through our case management system. This cuts down on missing work, gas expenses and parking for the client and lets the lawyer manage their day better. These strategies can all add up to significant cost savings over the course of your divorce, custody or support matter as travel time and attorney communication time is reduced.
Tips you can implement on your own to reduce costs are to have your financial house in order. Don’t pay professionals to do inventories of what you have. Come prepared when you meet with your attorney. If possible, reach agreement with your spouse on economic issues then run them by your attorney to see if your arrangement is fair from their perspective.
Lastly, do not look to your attorney for a shoulder to lean on. If you are working on an hourly basis, this can get very expensive. If you have a flat fee arrangement, your attorney will likely not appreciate having to spend more time than is necessary on your case. However, the grieving process does require an outlet so your friends and therapists are the best bet as opposed to keeping feelings bottled in.
One final tip is if you can, attempt to work things out and stay together. That may be your best economical decision since you won’t have to fund two separate households and split up a shrinking economic pie.
Finding Hope When Facing Foreclosures and Sheriff Sales
It’s no secret that the real estate market is continuing to implode http://www.post-gazette.com/pg/08250/909864-28.stm. While Pittsburgh’s real estate market has been spared much of the pain facing the real estate markets whose prices are plummeting, it has not totally escaped. http://www.post-gazette.com/pg/08211/900169-28.stm. Any local bankruptcy attorney will tell you their phones have been frequently ringing fueled by a rash of homeowners who are having trouble keeping up with their home payments. They want to know what their options are if they have missed a few payments or worse are facing a sherrifs sale.
Recognizing the devasting impact this issue can cause, we have recorded a free legal podcast to give some insights into what a sherrif sale means and whether bankruptcy can offer some protection.
Episode 31 - Foreclosure and Short Sales - Cleaning Up Your Current Mess. Listen to a 1-2-3 Law Group attorney describe the foreclosure process for losing your home and strategies for making a bad situation possibly better with short sales. Listen how short sales can reduce the pain of a foreclosure with more privacy and less long term risks. Recorded live on June 26, 2008. .
For a complete list of 1-2-3 Law Group’s free legal podcasts on the Making Law Easy Show, visit our website at http://www.makinglaweasy.com/free-legal-resources/. Or you can call us toll free at 877-7-123-LAW (529) and one of our attorneys will attempt to answer your questions with a free consultation.
Real Estate Reassessments in Pennsylvania
The property reassessment situation is anything but clear in Allegheny County. Currently the issue on whether the assessments can be moved to a new base year or any base year or whether the base year system is constitutional, has many implications for local property owners. A recent article in the Pittsburgh Post Gazette described the current mess in front of the Pennsylvania Supreme Court. http://www.post-gazette.com/pg/08249/909747-100.stm. If the 2002 base year is eliminated at some point and if base year assessments are found unconstitutional, you can expect to see a significant push state wide to raise local revenues by reassessing properties.
If you’d like to learn more about how the reassessment process works, 1-2-3 Law Group taped a free podcast with an experienced real estate attorney and a property appraiser last fall. Listen to this show further described below or many of our other free legal podcasts by visiting http://www.makinglaweasy.com/free-legal-resources/.
<strong>EPISODE 17</strong> - Making Sense of Real Estate Assessments. Listen to two experts, a real estate attorney with 34 years experience and a state certified real estate appraiser with 31 years of experience talk about the reassessment mess. What should you do? What do notices you might be receiving mean? Why is this happening? Recorded live on Jan. 10th, 2008 at 4PM.
For more information, call 1-2-3 Law Group at 1-877-7-123-LAW (529).
Juvenile Law In The Spotlight
A recent assault at the Shuman Center in Pittsburgh, Pennsylvania brought the topic of juvenile law into the headlines. http://www.post-gazette.com/pg/08248/909281-53.stm. While this case deals with juveniles, who are already in the juvenile system, being charged with an assault on a correction officer, juvenile crime is far broader than just this sensational crime. Every weekend across the area within the city of Pittsburgh and local suburbs, teenagers go to parties where alcohol is served. Some get behind the wheel and are charged with DUI’s. Some are simply observed to be under the influence by police officers and charged with underaged drinking. Sometimes police officers request entrance into a person’s house to investigate underage drinking. Our criminal lawyers are often asked what happens to my son or daughter if they are charged with a crime? How does this impact their job search or college applications? Can you expunge the criminal records of a juvenile?
1-2-3 Law Group on the Making Law Easy show has tackled this topic in a free legal podcast.
Episode 38: Juvenile Crime. Perhaps the most requested show we have done from parents. Listen to a 1-2-3 Law Group attorney discuss what happens to juveniles when they get in trouble. We will cover DUI’s, drug possession, statutory rape, cooperating with the police, the impact of a criminal record, expungement and other issues. Recorded live on September 2, 2008.
To listen to more of our free legal resources, come listen to all of our growing library of free legal podcasts at http://www.makinglaweasy.com/free-legal-resources/. For more information, call us toll free at 877-7-123-LAW (529).
Legal Remedies For Horrible Internet Marketing
I have a theory that many business people who aspire to get high rankings on the Internet are often getting sold ridiculously ineffective Internet marketing packages with onerous contract terms at high prices. Many of these packages are being sold by very large companies who sound a lot like that large phone book your mother would hand you when you were growing up (if you are my age) which you would use to find the phone number and address of a local business. In this post, I will examine some of the one-sided contract terms of one such third party provider and discuss why such terms should scare people. I will then look at two case studies of what can go wrong once you sign one of these egregious contracts and have problems or disputes with your SEO provider. Lastly, we will consider what options you have if you get taken by an Internet marketing scam.
THE CONTRACT TRAP
Your first defense is to avoid an ugly, one sided contract. Just don’t sign anything you don’t understand. Have a lawyer do a quick review of it. I am going to analyze one such contract. While the language may differ among different contracts, these are clauses that might be in any Internet marketing contract which can make your dispute with the provider virtually unwinnable if you can even afford to get to court.
TERM. The most convoluted aspect of the Internet marketing provider I have analyzed is clause 2, the Term. The language in the contracts I have seen basically says it is a one year contract which if cancelled, requires the buyer to pay the full amount owed. Very few business people have the protection that if they underperform, and the client eventually gets disappointed enough to leave, and can ask for the entire contract price. The term also automatically renews every year unless cancelled in writing within 30 days of the end of the term. It’s almost like getting married to your SEO provider then trying to get a divorce later on. One other interpretation of the language in the contract I have reviewed is for every reported problem that happens, the SEO provider’s attempt to fix the problem restarts the one year term of the contract all over again. As a result, poor performance yields a longer contract. The best Term you can get is one which is cancellable at will. At a minimum, it is worth negotiating for cancellation rights if either side does not perform the basic requirements of the contract.
DOMAIN NAME REGISTRATION – Some Internet marketing companies will register a domain name for you, but they will do it in their name. Now they own your domain name. This is a real nice position to be in if you decide to leave your contract. Feel like changing the name of your website if you ever have a dispute? Feel like building a new website? You should always own your domain name. You are paying for it. Although I have not seen this contract term used in a dispute, it makes your fight impossible to win if your Internet Service provider owns the address for your website which you have been marketing up until the dispute.
CONTROL OF WORDS and CAMPAIGN: You lose all rights or ability to pick the words to describe your practice. Essentially, you are allowing someone who is not is not in your business and does not know your profession to do this for you. They then won’t tell you what words they are using in the finished marketing campaign. You also have often agreed to a set price in your contract to obtain a certain number of clicks. So you have no ability to carefully select words which maybe are less expensive but are more effective in converting prospects into customers.
DISCLAIMER OF WARRANTIES: Beware when your contract says there are no
LIABILITY: You substantially limit your ability to collect damages if there is limitation of damages which excludes delay, consequential damage, literally any other form of damage but in no event will the Internet marketing company be responsible for damages greater than the total value of the contract. Beware of terms which limit the only damages to the value of the contract. This might be a few thousand dollars in a typical contract pay per click contract. The kicker is with this amount of damages, unless you are a lawyer, you can never afford to hire a lawyer to get out of the agreement even if the Internet marketing provider completely fails to provide any of the service they say they will provide. In the end, you will spend more than your damages.
EXCLUSIVE REMEDIES
FORCE MAJEURE. In the contracts I have reviewed, if really bad, catastrophic things happen, the Internet marketing provider is off the hook for performing their contract. But by the way, you still have to pay under the terms of the contract. Even Katrina hits and if you are under water.
Now let’s see how these contract terms play out in two real life disputes.
A DISAGREEMENT ON A PAY FOR CLICKS CAMPAIGN AT MY FORMER LAW FIRM’s WEBSITE
In February of 2008, my former law firm was aggressively pursued by a sales person from a “feet on the street” phone book sounding company which now offers online versions of the traditional yellow pages with lawyer lists and Search Engine Optimizing packages to get your website more visitors. I could not personally attend this sales presentation because of a pre-existing board meeting commitment but had a conference call with the sales representative. I told him point blank that I refused to sign a contract without a video tape testimonial where he would describe on tape what they were offering us which I promised to play in about 10 months at a Pittsburgh legal technology conference I assist in promoting called T-Bolt (The Best Of Legal Technology). Since the sales rep could not commit to a video tape testimonial, I told him this was a deal breaker. My former partner while sitting in the same room in an action of miscommunication then signed a contract with this Sales Rep who had been told by me, the Majority Partner, that we were not interested in signing a deal. (Sorry, this post is not about partner miscommunications, which can make for interesting reading) Two days later I found out we had entered into a $9,000 contract without the required video tape testimonial. It was also the contract I discussed above. My former partner and I immediately attempted to nullify the agreement via letter and email and disputed the validity of the agreement. We made approximately 8 different phone calls and emails challenging the ethics of their approach, requesting they incur no further costs on our web campaign and suggested we litigate the issue if necessary. We still could not get anyone to agree to rescind the contract let alone talk to us intelligently about the issue.
We placed the transaction in dispute with our credit card company and refused to pay any invoices. We said we were willing to litigate and pay any reasonable damages if we were breaching the contract at 2 days into the deal. A month passed and all of our communications were ignored as the buck was passed from department to department at this large company. In the interim, we found a local SEO company which was interested in optimizing our entire website instead of a single home page. Frankly, our discussions on Internet advertising were much more strategic and based on our firm’s goals instead of simply choosing from a menu several different “canned” Internet options involving the number of clicks that would hit our website in exchange for different dollars invested. Then on April 9th, 2008 while surfing the Internet, I noticed two paid for ads for my law firm on page 1 of Google and page 1 of Yahoo. SEE ATTACHED. When the ads links were clicked on, an error message appeared that said the site was not available. My SEO web expert said this result could kill us online as Google would then increase the cost for us run any pay per click campaign to punish us because our website appeared to be unreachable. SEE ATTACHED. I immediately called national Internet company’s District Manager who denied anything to do with the ad. “It must be a ghost ad”. After I said I had kept screen shots of the ad and threatened a full blown PR effort against this company within the legal community both in Pittsburgh and nationally, they agreed to let us completely out of our contract. Coincidentally, the mysterious ads disappeared immediately after we were let out of our contract. My contacts in the SEO field inform me we are the first customer of this particular company to have been released from a contract.
A MORE TYPICAL DISPUTE WITH AN INTERNET MARKETING COMPANY WHERE THE CUSTOMER LOSES
Based on my past experience and interest in this topic, I agreed to assist a small business owner who had entered into an agreement with this same national Internet marketing service. My client owns a spa and has some prior skills with technology. On September 19, 2007 she signed an agreement with this third party Internet marketing company. She correctly provided her contact information on a business card and on her enrollment contract. Nevertheless, the provider failed to transfer this information over to the online posting and instead put her incorrect phone number and “reduced” her hours of operation by starting her hours at 1PM instead of 10AM. In addition, her logo was not listed as clearly as the demonstration postings the sales representative had showed her. Plus, her ranking on their site was much lower than was represented to her. My client attempted on multiple occasions to fix this problem and after a half dozen attempts, finally cancelled her credit card and requested to be let out of the contract. The Internet Marketing company’s response was to threaten to sue her in collections court and impact her credit report.
At this point in time, I was contacted to represent her. When I analyzed the contract above, I found her damages would be limited to the value of the contract. There would be no damages for the possible lost business for her business hours being incorrectly posted for 4 months saying she opened at 1PM instead of 10AM. Then, despite repeated requests to change the hours and the incorrect phone number and address they originally posted on the site, they allowed for no termination without paying the value of the contract. The only remedy upon notice of a problem was the SEO provider could fix the problem AND the contract start date would automatically move to that date. Thereby, by constantly messing up, all the Internet marketing provider was doing was rewarding its own incompetence by extending the date of the contract. My client could not sue for damages because the cost of pursuing a lawsuit would equal the cost of the contract win or lose. This contract is one which a lawyer would have a hard time fixing unless the contract could be invalidated.
We drafted a three page letter outlining every mistake they have made which we sent to them as well as the state Attorney General and the Better Business Bureau. We also told every potential customer we could find about the poor service and one-sided contract we had encountered. The Internet marketing provider finally agreed to issue a credit for the 6 months of poor service and offered an upgrade in service, but refused to let her out of the contract. This, by the way, was the only remedy my client was pursuing. They also separated the SEO services (pay for click program) from the online listing and said there were not problems there so the SEO services would continue as contracted. MY client is now stuck with an SEO contract with a provider they no longer trust with separate terms they did not bargain for. If she does not provide notice on the cancellation date, the contract automatically renews. If she cancels, she owes the entire contract. In addition, her ad is still not correct after 10 months.
WHAT CAN YOU DO?
First of all, be skeptical about any contract up front. If you are evaluating a several thousand dollar agreement which looks ugly, spend a few hundred dollars and have a lawyer review it. At least you know what you are getting into. Google your potential service provider and see if others are upset with their service. Between doing legal and business research, at least you know what you are getting into.
If you have already signed the deal, you might want to contact your attorney general. An attorney general in the state of Washington took steps against an Internet Marketing company getting it to pay a fine and desist from their anti consumer business practices. Another strategy is to turn your $3,000 dispute into a $300,000 dispute. Send an email to the Better Business Bureau. Post a blog posting describing what happened to you. Make presentations at your local chamber of commerce or other networking groups. Tell the company you are in a dispute with that you plan on doing this - not as a strategy to extort a settlement - but to bring to the light of day for others mistakes others might wish to be wary of. This is ultimately how I got out of my contract. To do this, you need to keep records, snap shots of website errors you feel the company has caused, notes from all your dealings with the company, and copies of emails and letters you have sent.
123 Law Group Quoted in International Article on Virtual Law Firms
Karl Schieneman, Esq./MBA was quoted for the Canadian Bar Association’s publication on solo practitioners and small law firms. The article is called “Going Virtual: Will you be up for the challenge” by Daniel Casciato. Click here to read the article about why virtual law firms are growing in the United States.
1-2-3 Law Group On Serial Entrepreneurship Panel
Come hear Karl Schieneman, Esq./MBA and founder of 1-2-3 Law Group speak on August 7th as a panelist on serial entrepreneurship in the Entrepreneurship Thursdays program. This event is being held at Firewaters Grill on Federal Street on the Northshore. The show starts at 5:30PM with singing by the talented Jessica Lee. Interviews start at about 6PM. It is a great opportunity to come meet Karl and talk about all things legal or entrepreneurship. The cover charge is $5 at the door.
Episode 6 – Making Law Easy Show: Where there’s a Will there’s a Way
Episode 6 – Making Law Easy Show: Where there’s a Will there’s a Way
Hi, this is Karl Schieneman, a Partner with 1-2-3 Law Group, and you’re listening to the Making Law Easy Show. Today we’re going to delve into estate planning and some critical documents that encompass estate planning. I have an estate planning attorney who works with 1-2-3 Law Group and Cheryl thanks for coming on the program and why don’t we dive right in. Cheryl what’s an estate plan.
An estate plan is not exactly what you might think it is. A lot of times you think of an estate plan as something that involves their current financial situation. That is the type of estate plan that you would prepare with your financial planner or accountant. A financial planner is concerned with the administration of your estate while you are able and living. The estate plan that we are here to discuss prepares your estate for the contingencies of illness and death. The necessary elements for this type of estate plan are a living will, a power of attorney and of course your last will and testament.
And this is actually very interesting stuff. We had Marty Madigan on a recent show talking about what happens in the administration of these documents. So why don’t we dive into some of these documents. What is a Will and what does it contain?
Well, a will is essentially a financial document which is actually a mistake that people make. They think that they can put a lot of other things in the will. But it’s good to know exactly what the will does do and what it should contain. So being that it is essentially a financial document a will essentially decrees how you want your monetary assets and worldly possessions to be divided up and distributed. It is also used to provide for the special needs of certain beneficiaries such as minor children, or persons who have spendthrift tendencies or physical or mental disabilities that make them incapable of handling their own financial estate. This is most commonly done through a tool called a testamentary trust. These protect and control your assets, or the assets that are inherited by a beneficiary with the special needs that I just discussed. A testamentary trust will instruct your executor how to set up a financial trust according to your specifications and to hold the inheritances of these special needs beneficiaries for that beneficiary’s use as controlled by that appointed trustee and according to your direction and until such time as you specify. Read more
Episode 27 – Making Law Easy Show – Picking the Right Guardian
Episode 27 – Making Law Easy Show – Picking the Right Guardian
Hello everyone, welcome to another edition of the Making Law Easy Show where we try to answer questions about legal topics to make life easier for everyone. And we’re going to talk about estate planning today from the contexts of picking a guardian. Picking guardians for your kids or for people who are disabled when you pass away. So why don’t we start right in. I’ve got an estate planning attorney who works with 1-2-3 Law Group. Cheryl glad to have you on the show again. You’ve done a couple of these shows with us and why don’t we start right in. What are the sort of things you should think about from an estate planning perspective when you are picking a guardian for your kids or disabled loved ones that you are taking care of?
Well the first thing you need to do is figure out, or of course you already know who you want to have a guardian for. And who you choose may be different according to what purpose that guardian needs to play. For example, if you’re going to be looking for a guardian for your children, it might be different than if you are looking for a guardian for an adult that you are taking care of. But I think that to make this easier, we’ll start with what we are going to be looking for in a guardian for a child. First of all there are two types of guardian. Now the first type of guardian is the type that’s going to take care of that person on a day to day basis. And you have another type of guardian who is the one who is going to be taking care of that person’s financial situation. Any kind of inheritance they might receive; any type of earnings they might have. If this person is a minor, or if this person is disabled Read Entire Manuscript
Episode 27 – Making Law Easy Show – Picking the Right Guardian
Episode 27 – Making Law Easy Show – Picking the Right Guardian
Hello everyone, welcome to another edition of the Making Law Easy Show where we try to answer questions about legal topics to make life easier for everyone. And we’re going to talk about estate planning today from the contexts of picking a guardian. Picking guardians for your kids or for people who are disabled when you pass away. So why don’t we start right in. I’ve got an estate planning attorney who works with 1-2-3 Law Group. Cheryl glad to have you on the show again. You’ve done a couple of these shows with us and why don’t we start right in. What are the sort of things you should think about from an estate planning perspective when you are picking a guardian for your kids or disabled loved ones that you are taking care of?
Well the first thing you need to do is figure out, or of course you already know who you want to have a guardian for. And who you choose may be different according to what purpose that guardian needs to play. For example, if you’re going to be looking for a guardian for your children, it might be different than if you are looking for a guardian for an adult that you are taking care of. But I think that to make this easier, we’ll start with what we are going to be looking for in a guardian for a child. First of all there are two types of guardian. Now the first type of guardian is the type that’s going to take care of that person on a day to day basis. And you have another type of guardian who is the one who is going to be taking care of that person’s financial situation. Any kind of inheritance they might receive; any type of earnings they might have. If this person is a minor, or if this person is disabled, you know, severely mentally disabled that they can’t take care of that on their own, then you’re going to need to make sure someone is available to take care of their finances as well as their day to day needs as far as food and clothing and shelter. Now a lot of times people choose the same person, and sometimes they don’t. And there’s some thought processes that go into deciding whether or not you want the same person and deciding if you want separate people for these two positions, these two jobs.
Is this the sort of thing that’s usually a family member that you’d pick to be a guardian, or can it be a close friend.
It can be anyone you want. It doesn’t have to be a family member. It’s whoever you feel is best for the job. They don’t have to be related in any way. The things that you are looking for, you want to find someone that you trust. If we’re talking about minor children especially that you trust to raise your children with love, with respect, in the same way that they would raise children of their own. And someone who may know your desire for your children. We talk about religious issues or just certain moralistic ideas that you want to pass on to your children. These are people who maybe share the same ideas or who at least will respect your ideas, and try to raise your children in that way. Or to make sure they get the right kind of education. Or push them toward a certain profession. Something that you would do if you were not there.
Now obviously when you’re children are really young, as a parent you make those decisions for them. But what about for, you know, if you have teenagers. Is this something you want to talk to your teenagers about as you’re doing your estate planning, and get their input.
I think that would have to be an individual issue whether or not you talk to your teenagers. I think even teenagers, and I have a 14 year old. I would not talk to her about these sort of ideas, or these sort of things. You can talk t them about religious issues, moral issues, what you want them to do with their life, but you don’t want to talk to them so much about what’s going to happen once you pass away, because I think it freaks them out just a little bit. And, but that’s a personal decision. How well you know your child, whether or not they can handle it.
OK, and obviously when someone’s taking care of your children they’re taking over the financial responsibility. Is that something you can plan for in your will.
Well like I said, you can choose two separate guardians. One to take care of their day to day needs, and one to take care of their finances. Most people, and I think it’s a good thing to do, make this person the same person. There’s two types of guardian. The guardian of the person, and the guardian of the inheritance. The guardian of the person is the one who takes care of their day to day needs, you know, make sure they get to school, make sure they get dressed, make sure they are fed. And the guardian of the inheritances is the guardian of that child’s financial income. Any type of income they might receive from an inheritance or in any other respect until they are age, well of age, we’ll put it that way. I was going to say age 18. Age 18 is the legal fallback. But when you set up a guardianship in a will, you choose the age at which that trust or that guardianship ends. But the thing, when you choose separate people, the one reason to choose separate people is if say the guardian of the person is an elderly parent, and you’re concerned that maybe that elderly parent, although they may be the best person to take care of your children and to bring them into their home and give them the love that you want them to give, they may not be the best person to handle all of their finances. Maybe somebody, a brother or sister who lives further away may be a better person to know how to deal with those finances. And that might be some reason to consider doing it with separate people. On the other hand, another reason to keep that the same person is because if you have two separate people as the guardian of the person and one as the guardian of the inheritance, then the guardian of the person is always going to be petitioning the guardian of the inheritance for money to take care of these children. Because of course day to day needs take expenses. And any money that is taken from the children’s inheritance, which is allowable, to take money from their inheritance to take care of their day to day needs, their education, their food, their clothes. Children are expensive. And that money is there to take care of their needs. So the guardian of the person will have to petition the guardian of the inheritance to give them that money. And some people like that. Some people like to have that check and balance right there so that there isn’t one person who can abuse that power. At the same time it’s kind of a headache for the person who’s taking care of your children to have to do that all the time. So it’s a personal decision depending on who you are choosing for each position, whether or not you want to have that checks and balances, and whether or not you want to have the guardian of the person, the guardian of the children to have to do that or not. If you want them to have that headache. It’s just something that one way might be better for one person, and one way might be better for another person. But it’s very individualistic.
What I was getting at was maybe the answer was if you’re asking someone to undertake the responsibility. You know a lot of people do it for love, but you know sometimes you might want them to pay them a modest salary if you have the means to. And that’s not money going to the children’s care, that’s actually going to them, to the guardian.
I don’t think that that’s something that usually happens. I mean I think it’s possible to do that. You could set it up, cause you’re setting this up, when you set up a guardianship, you’re setting up a trust, a financial trust. And I’m sure that you could work into the trust a way to pay the trustee or the guardian. And in these terms is a guardian, but essentially it’s a trustee. I’m sure you could do that. Although usually, most people don’t. Usually it’s just done for love.
Someone that knows your kids, and they’re stepping in your shoes.
I mean if you are taking somebody’s children and raising somebody’s children, usually you’re not doing it for a salary.
Yes, how do you put a price on that.
Exactly.
OK, that’s useful information. I appreciate your advice on this Cheryl. If anyone has any more questions about any area or law or wants to listen to our dozens of podcasts on different areas of law, you can go to www.makinglaweasy.com where we have a whole list of shows. Or give us a call here in Western Pennsylvania at 1.877.7.123.LAW. Thanks a lot and we’ll forward to doing more shows with you Cheryl in the future.
Thank you.