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I was just wondering if anyone ever had any dealings with pre-paid legal services.I'm thinking of doing it and wan't to know what your experience was with them.If there is a catch,cause it almost seems to good to be true.Any thing
3 Answers
- 1 decade agoFavorite Answer
What state are you in? I've seen it operate differently in a couple of states. One state it was a stand alone product, and the guy only made about $1200/month and in another state it was a package deal, and was a very good package deal.
- 1 decade ago
As I'm sure you know, it's a multi level marketing (MLM) business, which generally have a bad reputation. I'm not a fan of them.
Personally I don't think the product is as revolutionary as they will tell you. It's been around for some time but is not particularly popular. I would doubt if most people use it as much as they say you can/ should. The people I know rarely use it at all.
Sure there is the potential to make good money but most people will never do it. Don't think it will be easy to make a lot of money despite what anyone tells you.
Do what you want though. I would just recommend that you be wise with the money you initially invest in it (brochures, training materials, etc...). Get just what you need to start. If you are successful, then use that money to but more material. Don't do it backwards, buying it and then hoping you make enough money to cover it.
Also, keep in mind that you will need to develop markets of people to sell to. Your list of family and friends WILL dry up. What will you do then? I would develop a plan before you commit any money to it. Don't go into it blind. Good luck.
- 1 decade ago
Save your money. The majority of folks will not require enough legal services to make these plans worthwhile. Keep your money in an emergency fund or plan for what you will need to cover life events that do require legal services.