A very common concern among attorneys is not looking foolish in front of their clients or not having the answers because as an attorney, I remember vividly feeling like I had to be in control and always have the answers.
Questions of cost, that’s typically one of the first questions. They wanna know what’s this gonna cost me? Well, you know, it’s no different than when you call a realtor and ask them about a house. You know?
What’s a house cost? Well, what does what does the realtor need to know? Location location location. Many bedrooms?
How many square feet? No different for you. Or for me, when the client asks about cost related to their long-term care, it’s gonna largely depend on, what do they want? Do they want the Lincoln, the Maserati of plans?
Do they want the Yugo or the Chevy model of plans? How much of the risk are they willing to retain? How much of the financial burden can they legitimately embrace without impacting their life or their lifestyle? So don’t get bogged down or wrapped around the axles when a client asks you about cost.
You know, I’ve been asked over the years, well, can you give me a range? Sure. Fifty dollars a month to a thousand dollars a month. The range is meaningless at that point. The fact of the matter is the plans will be tailored to fit both the needs, wants, desires, and financial abilities of the client.
