Oh, man! I’m becoming more and more upset about the way we’ve been–and are being–treated by J____.

Yesterday, when he told me he was willing to reconsider whether he was, indeed, committed to terminating our relationship, he asked me not to discuss with any other advisors any of the details of his plan . . . until he returns next Monday from his trip out of town.

When I told him that I had already passed the plan along to the National Christian Foundation, he was incensed. How dare I?

Today I went back over our original “Membership Agreement” with his organization. The second paragraph says, “This Membership Agreement can be canceled by either party with 90 days, advanced, written notice. This Membership Agreement will be perpetual unless otherwise canceled as stated.” –I guess that portion of the agreement applies only if we want to cancel. Not if he does.

But what really gripes me is three clauses in Part III of the “Letter of Authorization” he had us sign. Section C.3 says, “You are free to follow or reject any recommendations provided by us at your discretion.” Section D.3 says substantially the same thing: “You are free to follow or disregard in whole or in part any recommendations, suggestions, or advice made by this firm.”

But having refused to follow and/or having disregarded J____’s “recommendations, suggestions, [and] advice,” obviously, meant that, from J____’s perspective, I was disrespecting him as Peyton Manning.

And then there is Section D.4: “You may make information or suggestions and/or advice given by us available to any professional advisor employed or retained by you to assist in the implementation of the suggestions and/or advice that we give you.”

I guess that applies as long as it serves his purposes. Because now, suddenly, Clause 4 doesn’t apply, either. . . .

Y’know, now that it is all falling apart, I’m really thrilled he is ignoring the second paragraph of his office’s “Membership Agreement”! I look forward to having this relationship over.

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This entry was posted on Thursday, April 24th, 2008 at 4:24 pm and is filed under estate planning, legacy planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.