Free installment promissory note template – Can the free legal documents provided on the Internet be a replacement for consulting with a lawyer?
In some instances, most definitely.
To provide a simple illustration: 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 give your parent a power of attorney to sell something on your behalf whilst away on holiday. It does not require specialized legal knowledge to compile a bill of sale for a motorcycle, automobile or other goods or to draw a limited power of attorney.
Similarly, a young person without plenty 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 various assets and a complex will where consultation with a legal or financial expert is invaluable.
Many parents recognize the need for a medical consent form for a babysitter in case of a medical emergency. Or they may need a more comprehensive temporary guardianship form when their child will be staying with a family member or trusted friend. These sample forms are publicly available online.
Free legal documents are particularly valuable when they’re also accompanied by legal guidelines on how to complete them.
Even though the law recognizes oral agreements, it always makes sense to get it in writing to avoid arguments over what exactly was agreed upon. Applying sample legal documents to compile your own contracts is not any different to lawyers using their present templates for standard agreements.
Of course there are several instances where you must check with an attorney. Again, you can use the free legal documents and free legal information available on the Internet to do your preparation ahead and so reduce the consulting time – and hours charged. Please have a look our free installment promissory note template on the attachment page.
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