Joint account agreement template – Can the free legal documents offered on the Net be a replacement for consulting with a lawyer?
In some cases, 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 may want to grant your parent a power of attorney to sell something on your behalf whilst away on vacation. 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 plenty of assets may want to draft a last will and testament or a living will. For most young people a conventional legal template can be used to make their documents and the forms can be downloaded free from the Internet, without incurring legal expenses. Of course, it’ll be a different case for a billionaire with various assets and a complex will where consultation with a legal or financial expert is priceless.
Many parents recognize the need for a medical consent form for a babysitter in case of a medical emergency. Or they might require a broader temporary guardianship form if 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 best 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. Applying 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 check with a lawyer. Again, you can use the free legal documents and free legal information available on the world wide web to do your preparation ahead and so reduce the consulting period – and hours billed. Please have a look our joint account agreement template on the attachment page.
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