Are you thinking about creating a trust? If so, A Chesapeake trust attorney can help you set up the trust and appoint a trustee. Creating a trust can be complicated but it does not have to be. With a skilled trust attorney, you can be assured that your trust is accurately set up.
Creating a trust establishes a legal entity that holds property or assets. A trustee is appointed and that person manages the trust for a beneficiary. There are many different types of trusts and many different reasons why to set up a trust. An attorney can discuss your options with you and set up a trust for you.
It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you've suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.
A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:
Depending on your specific legal situation, it's possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.