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Halton Hills This Week, Wednesday, August 18, 1993 - Page 19 ae Money Talk with George Perdue Choosing the Lawyer for Your Financial Requirements By George Perdue, B.Sc. P. Eng. There are certain situa- tions concerning your finances that a lawyer is most beneficial. Some of fhese include wills, trusts, corporate law, tax law, and matters concerning the estate. Lawyers and other pro- fessionals like doctors and engineers specialize. For example there are lawyers who specialize in corporate law, tax law, family prop- erty law, criminal law, patent law, libel law, immigration law, divorce law, and others. So you wouldn't choose a patent lawyer for your will. You must find the right lawyer for i ts and understand the inherent costs. Where do you start? Large law firms often have staff lawyers specializing in the common areas of. Jaw such that most assign- ments can be managed: Large, prestigious firms often charge significantly more than smaller, less- known firms and the qual- ity of work is often similar. A lawyer with short term experience may charge $100 per hour whereas a veteran will charge $250 per hour and more. Most lawyers (80%) are contacted either by past cial law societies account sources are valuable in dif- ferentiating areas of spe- cialization. However, referral from a close friend or trusted associate is invaluable. Some lawyers charge you from the first moment of contact. Others offer a free initial consultation. This free consultation is very valuable. This time should be used to deter- mine what benefit the lawyer can provide for you and what the costs will be. Ask for this service when making your first appoint- For the first and subse- quent appointments be sure to come equipped with all the required infor- specify the requirements for you. Even after you have retained a lawyer, the more relevant infor- mation you can provide, the more detailed paper work you can do, the lower your costs. At the same time make sure the data you provide is organized and pertinent to the case. You do not want to waste the lawyer's time and your money. Some matters such as pparehind for liens or incorporating a small com- sph can be done by a paralegal for less money. of these cases you can do the work yourself if you sets the time and inclinat The fanaa are some ‘cost estimates (less dis- bursements) for common tasks: preparing a will $200 to $750; simple incor- poration $500 to $1,000; property purchase and mortgage $500 to $1,500; mortgage $300 to $600; house sale $400 to $700; litigation divorce/property settlement $15,000 to $30,000; wrongful dis- missal $10,000 to $15,000. With these sums it pays to shop around. George Perdue is a Financial Planner, Business Consultant, ad Partner Concepts, Halton Hills. “We can be contacted at (416) 873-1877. MARTHA SUMMERS’ 877-5165 874-3040 immaculate with 2 stone es, main floor "family and finished rec room. $279,000. CARSON REID CUSTOM HOME |Complete with indoor LOTS * LOTS * LOTS 10 acres - Erin $89,000 - Driveway is in. 4,4 acres - Eramosa $125,000. GEORGETOWN CHARM Mature lot - home filled pai character. aatinad and bay »w in living 1s, - private mature yard - walk to GO. aw B complete with freplace, even walkout from the. holy Balcony. Not fo be mised, Georgetown Corner lot $99,000. _ 300 feet frontage on Ah. CA oninuing tavcation i eeeehe is FALL '93 SUPER STARTER j ACTON Spacious bright eat-in ground pool ready to use. VICTORIAN CHARM — ERIN RAVINE LOT graded. with new kitchen with ceramics, bathroom with jacuzzi. 3 ACRES mi floors, finished loft. Wall: maintaines in | cat ion, Serta large 2 car garage. plenty of park- . Adjacent corner! of Available at $99,900. Complete hobby farm, bush Is great. Anything else you need?? bie ROAD) OCATION wes 10 acres. th B floor family room with ERAMOSA PRIVACY 29 acres - Executive THE HALTON BOARD OF EDUCATION PROGRAM GUIDE freplace will be delivered to your DISCRIMINATING home with today's copy of PURCHASER "HALTON HILLS THIS WEEK" super tabr th Don (Call 873-2254 it for any reason you are missed) he restored Visteon offers old world charm and 833-3499 / 878-1240 ren tc Ses")