In the US, Is It More Likely That Someone Will

question 123

Short Answer

In the US, is it more likely that someone will become a millionaire by making money on his/her own or by inheriting a fortune?

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Definitions:

Fees Set Forth

The specified charges or costs outlined in a contract or agreement for services rendered or to be rendered.

Advance Payment

Payment made before its due date, often required in contracts as a form of security or commitment.

Legal Fees

The charges or payments made to lawyers for their professional services, which can include hourly rates, flat fees, or contingent fees.

Retainer

An advance payment made by a client to a law firm to cover part of the legal fees and/or costs that will be incurred on that client’s behalf.