When it comes to legal documents there are tons out there and you as an individual or business owner will at some point need to draft up something or have a document reviewed to help protect your interest with another party. Business legal document preparation, whether contractual or letter correspondence, costs can start at $500.00 or more. These money-saving tips will help any business owner small or large.
A great suggestions is, if money-savings or self-drafting is important to you, there are free legal document templates, business contracts, and online business legal forms that are downloadable on the internet. In addition to that, I would suggest before you lick the envelope and drop it in the mail, email or fax your legal document(s), decide on getting a second pair of ‘eyes’ to review it for you.
The type of legal documentation that a business owner may need might be different than that of a consumer or individual. (a) For a consumer, a power of attorney or will (especially if you have children) is a legal document and should be reviewed or any legal document for that matter. (b) Because today’s business owners are faced with so much new legislation that impacts how they do business and to get an understanding on language of ‘dos and don’ts’ can be quite challenging. Therefore, when it comes to protecting you or your business, before finalizing or signing off on business contracts, employee or contractor agreements, or any business legal documents, it’s best to find a doc review specialist or a business legal service in your arena of business to review documents for you. There are several out there and some for pennies on the dollar and some who will do a little more and prepare the legal documents and review them for you. And if you’re fortunate, some may even file them for an additional filing fee.
Here are just a few self-prepared legal documents that I know of off-hand: wills, contractual agreements, debt collections letters, divorce filings, child custody, pre-marital agreement, real estate purchases, mortgage docs, foreclosure workouts, power of attorney, severance packages, employment contracts, business contracts, financial settlements, small claim civil suits, letters of disputes, lease agreements, landlord disputes, credit card resolutions, patents and inventions just to name a few.
However, even if you do know how to prepare these legal documents, it is highly recommend as stated above to have an expert take a look at it for you to make sure you are getting the best resolution and protection for you or your business; and for your benefit, the money-savings and outcome can be much cheaper than not. My first-hand experience as a small business owner, utilizing these tips when writing agreements, signing legal documents, sending letters of disputes, collections and small claims suits, is that having an expert or second pair of eyes to review before sending or filing has been a money-saving tip worth thousands of dollars.
Go ahead and do your research, but if want to save money and protect you and your business interest in the long run, consider utilizing some of these money-savings business tips before proceeding. Who knows, today may be the turn for the better of a life event that has been stressing you out. Hopefully, these money-saving business tips will give you peace of mind in how you can save money with your next business legal document preparation.