How can I protect my rights if I cannot afford a lawyer
Litigation is expensive. Few people can afford the tens of thousands of dollars required to bring a lawsuit. Some lawyers in the field of retirement plan litigation will take cases on a contingency-fee basis.
In a case where other family members are trying to deprive a surviving spouse of his or her benefits under the law or the terms of the retirement plan, the lawyers of Clark Skatoff might be able to take a case without any fee up front. Only if we prevail in the case would a contingency fee be owed.
In cases where family members and friends are fighting over beneficiary designation documents, we might be able to take such a case with no up-front attorney fees. For example, an Individual Retirement Account (IRA) will usually have a beneficiary designation – who is entitled to the account at the death of the account owner. In some situations, family members will manipulate the IRA owner to sign new beneficiary designation documents, changing a long-established plan. Some unscrupulous people are even known to forge such beneficiary designation documents, or have persons on their death bed allegedly sign such documents. We might be able to handle this type of litigation on a contingency basis.
Finally, with respect to excess fees charged by company-run retirement plans, such as 401(k) plans, it is usually never worth it for one person to bring a lawsuit challenging such excess fees. In those cases, one employee (or former employee) will petition a court to create a class action, brought on behalf of all participants in the plan. None of the employees will be required to pay attorney fees up front – the lawyers will be paid only if the case is successful.
If you would like information about hiring a lawyer on a contingency basis, with no up-front fees or costs, please contact the lawyers of Clark Skatoff PA, at (561) 842-4868 for a no-cost initial consultation.