It was the second time my employer has offered Pre-Paid Legal to us via paycheck deduction. This time, I decided to give the program a try. At a cost of roughly $24 per month, Pre-Paid Legal seemed worth a look. It'll be a good, reportable experiment for this site, if nothing else.
Also, at the very least, I will be able to get something done that I've put off entirely too long: wills for my wife and me. They're included, at no extra charge, in the PPL service. The last time I checked into it, having wills prepared by another law firm would set me back $400 to $500. (I have some free "will-maker" software that came with my tax-return software last year, but I never felt real comfortable with it. Can't remember why.)
I'll say this: PPL is doing their best to keep up with the news. Now included with the standard PPL fare is a service called Identity Theft Shield. Not that the world needs another credit-monitoring service, you understand. But I'm intrigued as to what this Theft Shield thing can actually provide for me. (The cynical voice inside my head says, "Not much.")
Their brochure says I'll receive monthly updates, via email, regarding any changes in either my or my wife's credit reports. Woo hoo. Outside of that, most of the other "services" Theft Shield provides seem pretty much like fluff — for someone like me, anyway, who already knows how to pull credit reports, shred documents and bills and CIA memos, and all that.
Apparently, there is at least one PPL hurdle I need to look out for. "If you think that you might take advantage of a service under the plan," it says at Expertlaw.com, "such as the preparation of a simple will, be aware that attorneys who accept the plan will likely try to sell you an upgraded service."
Well, fantastic. At least I know about this going in, and can be ready for it.
Anyway, we'll see how this goes. I've shipped off the necessary info to get my Identity Theft Shield service started. Within a few days I hope to have our will questionnaires filled out and mailed. Let the experiment begin.
Will PPL be worth $288 per year? Stay tuned to find out.
Posts In This Series:
Part 1: Signed Up For Pre-Paid Legal
Part 2: Pre-Paid Legal, Part 2 (Identity Theft Shield)
Part 3: Pre-Paid Legal, Part 3 (Identity Theft Shield)
Part 4: Pre-Paid Legal, Part 4 (IdentityTheft Shield)