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The hard part, though, is getting a good lawyer and accountant. I've worked with bad ones and good ones, and you can't always tell the difference from the outse
by jarrett 16y ago
The hard part, though, is getting a good lawyer and accountant. I've worked with bad ones and good ones, and you can't always tell the difference from the outset.
Many times, I've found that lawyers' and accountants' opinions on critical issues are diametrically opposed. Clearly, someone was wrong in those instances. As expensive as it is, I'm now leaning towards the idea that one should always get two independent opinions, just as a sanity check.
I also strongly recommend double-checking everything yourself. You're still getting professional advice, of course. But sometimes it's good to practice what's derisively called "playing lawyer" and do some legal reading.
A good lawyer or accountant will not mind you asking questions like: "The corporation code says X; could this be applied to me to mean Y?" If your professional does get offended by those questions, I'd consider it a red flag. You're paying by the hour, right? It's no skin off their nose if you want to chat.