Financial confidentiality agreement template – Can the free legal documents provided on the Net be a replacement for consulting with an attorney?
In some instances, most definitely.
To give a simple example: The law in your state may require a written contract for the sale of goods over a certain value. Or for that matter, you might choose to grant your parent a power of attorney to sell something on your behalf whilst away on holiday. It does not need specialized legal knowledge to compile a bill of sale for a motorcycle, automobile or other goods or to draw up a limited power of attorney.
Similarly, a young person without a lot of assets may want to draft a final will and testament or a living will. For most young people a conventional legal template can be used to create their documents and the forms can be downloaded free from the Internet, without incurring legal expenses. Needless to say, it will be a different case for a billionaire with several assets and a complicated will where consultation with a legal and/or financial expert is invaluable.
Many parents recognize the need for a medical consent form for a babysitter in the event of a medical emergency. Or they might require a broader temporary guardianship form when their child will be staying with a relative or trusted friend. These sample forms are publicly available online.
Free legal documents are especially valuable when they’re also accompanied by legal guidelines on how to complete them.
Although the law recognizes oral agreements, it always makes sense to get it in writing to avoid arguments over what exactly was agreed upon. Using sample legal documents to compile your own contracts is not any different to lawyers using their existing templates for standard agreements.
Of course there are several instances where you must consult with an attorney. Again, you can use the free legal files and free legal information available on the Internet to do your preparation beforehand and so lower the consulting time – and hours charged. Please take a look our financial confidentiality agreement template on the attachment page.
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