Unlocking Legal Support for Asset-Rich, Cash-Poor Clients
Family law can be stressful and challenging, causing plenty of emotional turmoil as sensitive personal matters are resolved. Whether it's dealing with divorce, custody arrangements, child support, family disputes, or domestic violence, it can be taxing, particularly for those who are asset-rich but find themselves cash-poor.
Challenges With Traditional Funding Channels
Over the years, we have noticed several challenges with traditional funding methods cash-poor individuals turn to when dealing with family law matters.
1. Savings
The problem with relying on savings to pay for legal fees is the assumption that there are any to begin with. Not everybody has a healthy savings fund that they can tap into, especially given the challenging economic circumstances that have persisted since the pandemic in 2020.
Moreover, for those who do have a savings fund that they’ve built up over the years, bleeding it dry to pay for legal fees could leave them in a precarious position without access to emergency funding when needed in the case of an unexpected job loss or medical bills.
2. Traditional Loans
Traditional loans are not always available to everyone. Due to their heavy reliance on credit scores, traditional loans are only accessible to people with an already established strong credit history.
Traditional lenders also often charge significant interest on loans, particularly to those who don’t have the best credit histories. This can make getting legal justice extortionately expensive.
3. Borrowing From Loved Ones
Borrowing money from loved ones to pay your legal fees puts a significant strain on your personal relationships. Even if you do have someone with this kind of money available, there is a good chance that they'll be reluctant to lend it to you due to the circumstances and potential consequences.
The Gullickson Lawyers Advantage
As a well-established law firm, Gullickson Lawyers recognises the unique challenges that many of our clients face. For those who have substantial assets but may lack immediate liquidity, we offer an opportunity that allows you to utilise your existing assets to cover your legal expenses. This approach ensures that you can focus on your family law matter without the added stress of financial pressure.
Leveraging Your Assets
Our specialised approach enables clients to leverage their property or other significant assets, such as business ownership, stocks, equipment, vehicles and collectables. Instead of worrying about immediate out-of-pocket expenses, you can trust that your legal costs will be managed efficiently. This option provides a safety net, allowing you to concentrate on your case and achieve the best possible outcome.
Why We’re The Firm To Lean On
● Experience and Knowledge: Our team of dedicated family law professionals brings years of experience and an in-depth understanding of the intricacies of family law matters.
● Personalised Service: We take the time to understand your individual circumstances and tailor our approach to meet your unique needs.
● Stress Reduction: Our tailored solution alleviates the financial stress associated with legal proceedings, allowing you to focus on resolving your family matters.
● Secure and Confidential: Rest assured, all transactions and legal dealings are conducted with the utmost security and confidentiality.
Your Financial Partner in Family Law
Engaging with Gullickson Lawyers means you are choosing a partner committed to supporting you through every step of your family law journey. Our approach empowers you to address your legal issues without the burden of immediate financial worry.
If you are asset-rich but find yourself facing liquidity challenges, Gullickson Lawyers is here to help. Contact us today to learn more about how we can assist you with your family law matter and take advantage of our specialised solution. With our support, you can navigate your legal challenges confidently and focus on what truly matters — your family.