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I just had a very productive call and got all my remaining questions answered with an attorney that specializes in "this". He is also an expat himself. My next step is to consult with my local Ecuadorian attorney about some of the proposals to ensure we are on the same page, and then my CPA, and with luck I will be able to begin the process not long after of restructuring.
Regardless of why, I told that attorney that I didn't get to where I was today by not pursuing a good value. Sure, I need expert advice, but I also need to pay a fair fee for that advice. And that wasn't $80k. Keep in mind this attorney was going to have me fill out a 50 page questionnaire detailing all assets, then they would just pick a structure they've picked a hundred times before for other clients, and populate some names on a PDF form. Then call me a dozen times for no more than 30 minutes per call. That is not good value in my eyes.
My best guess is a fair cost is more in the neighborhood of $15k. And I am including post-creation support and hand holding in that figure. I'll find out soon if I am right or wrong.
Having provided marketing for a few attorneys this seems to be the norm. We would use high fee quotes to weed through inquires looking for those with the most potential/ability to pay.
I am ready to pay. Just not ready to be ripped off. In this case, if that was their tactic then they lost my business. If I could add a zero to the end of my net worth then it would matter less, and I guess that is part of the problem. Most of the paperwork they are doing would be identical regardless if your net worth is 5M or 50M. So they choose to target the upper end of that echelon, and of course at that point their fee seems more reasonable to some.
I'm sure you are correct. Also the attorneys I worked for were criminal defense attorneys. So I am sure there is some difference there. (They are not dealing with the most trust worthy people.)
I no longer provide services to attorneys. There is a reason why. That is all I will say.
I do understand that however I'd be inclined to believe the bigger corporations would get it setup right in terms of keeping there reputation intact. I cannot see it costing too far north of 10 to setup even with big corporations.