Preventative Law Screening

When you get a physical from your doctor, you usually do so with the expectation that there is nothing wrong. However, if there is, you want to diagnose and treat the problem early. The first step in preventative law is very similar. A preventative law screening, like a physical, will indicate whether or not there is a problem. You may not need to do anything, but we will not know until a screening is completed. What you do not know can hurt you. People who avoid a physical or a preventative law screening often do so because they are afraid something is wrong. You owe it to yourself and to your family to discover, diagnose and treat both medical and legal problems early. At Thomas A. Moseley, Chartered we offer three types of preventative law screenings:

Wealth Protection Screening - You have worked very hard to accumulate the wealth you have, we would hate to see one mistake jeopardize it all. Once a liability is certain or even probable, it is usually too late to protect your assets. Before it is too late, your first step should be doing a preventative Wealth Protection Screening particularly if any of the following apply to you:

  • You want to protect your assets from an economic downturn
  • You own a car, boat, airplane or other liability producing asset
  • You own a business
  • You manufacture a product
  • You are in a high liability profession such as a doctor, lawyer, developer, contractor, or investment advisor.
  • You own real estate particularly rental real estate
  • You have joint liabilities with your spouse
  • You are a general partner in a partnership
  • You are an employer
  • You have loans containing cross collateralization or cross default provisions

Cost: $250.00 ($200.00 for Private Client)

Family Protection Screening - With the goal of protecting or improving marital and family relations, it is critical to diagnose problems that might lead to family disputes A Family Protection Screening assures that the family dynamics and family financial needs and desires are understood before any planning is done. We have seen a large increase in estate litigation among families--- particularly those involving “second marriages.” Most of the issues being litigated could have been prevented with proper planning.

Unfortunately proper planning was not done, which resulted in permanent damage to family relations and finances. Your first step should be doing a preventative Family Protection Screening particularly if any of the following apply to you:

  • You or a parent are in a “second marriage”
  • You or your spouse have children from a prior marriage
  • You are providing for a dependent adult family member
  • A member of your family is disabled
  • A member of your family is struggling with addiction issues
  • You are dealing with aging family members, particularly parents
  • You are dealing with in-law relation issues
  • You or a family member is one partner of an “unmarried couple”
  • You are estranged from a family member
  • A family member is involved in or contemplates a divorce, litigation or bankruptcy
  • A member of your family does not properly manage money

Cost: $250.00 ($200.00 for Private Client)

Mortgage Rate and Payment Screening - Even after the current mortgage crisis, lenders do not always act in the best interest of the borrower. Mortgage brokers and banks are paid by the lender usually on a commission basis and represent the lender. As your attorney, I am paid by you on a fee basis and represent you. Twenty years ago a savings and loan my firm represented switched all of their loan officers to salary from commission because they found that most of their bad loans were coming from commissioned loan officers. “Those who cannot learn from history are doomed to repeat it.” Our Rate and Payment Screening Form (RAPS) assures that you select the best mortgage for your circumstances at the lowest cost. It is important in making a smart mortgage decision to understand the difference between Lender Fees and Third Party and Governmental Fees charged by everyone. There is a difference between understanding and disclosure. We assure that you understand your mortgage choices and help you make a smart mortgage decision.

If you are refinancing a mortgage we will also can provide a Refinance Breakeven Analysis. A Refinance Breakeven Analysis allows you to decide with confidence whether a refinance to payoff one or more existing mortgages, credit cards or other loans is a smart decision. The number of months it will take you to breakeven after paying closing costs and reamortizing your loans is calculated. You will also know the total cost or savings over the life of the loan or any other period you select. The decrease or increase in monthly payments will also be shown

Cost: $250.00 ($200.00 for Private Client) $250.00 will be applied against any Title Insurance Charges or Mortgage Law Fees we charge (if we close the loan as title agent or loan originator).