Why you should always have a written contract, explained by attorney Jared Stolz

In the age of Internet and emails, is having a written contract still important? In a new article, Attorney Jared Elliott Stolz explains in easy-to-understand terms.
By: Stolz and Associates
 
FLEMINGTON, N.J. - July 17, 2019 - PRLog -- Is it really important to have a contract in hard copy, or to have it in written form at all? It may surprise you, but yes! Insurance law attorney Jared Stolz published an explanatory article, explaining some of the issues in layman's terms, available on his blog at https://jaredstolz.law.blog/

In this technological-driven age, many people don't value the importance of legal papers in a hard-copy form.  They think that as they have carried out the agreement verbally, it means almost the same. But that's not how it works; the significance of a written contract is far more important than the one available in your folder or the one done verbally. In this article, we've gathered some top reasons why that is so.

A piece of paper may have lost its importance in today's digital world but the significance of a written contract can never alleviate. Written contracts provide more assurance to both committed parties. Verbal contracts are harder to prove.

With verbal contracts, it is likely that a party may agree on something, but later on, back-pedal immediately. This can put you in a lot of financial or legal crisis and damage your reputation as well. With written contracts, there is no scope of denying or backing away; even if a certain party does so, you can always provide evidence and prove them wrong. This will save you from a lot of hassle with the committed party and authorities.

Knowing that the terms and conditions are clearly elucidated in a written contract gives involved parties peace of mind. There is nothing to worry about or for things to go awry as everything is clearly laid out in written form. A properly drafted contract provides committed parties and authorities with a written record of the terms and obligations agreed upon. This also gives you an additional right to take legal action and enforce the duties in the contract, if necessary.

Jared Elliott Stolz is an attorney in New Jersey, focusing on insurance law and litigation. He is the managing partner of Stolz and Associates.

Blog: https://jaredstolz.law.blog/
Attorney Profile: https://solomonlawguild.com/jared-stolz%2C-new-jersey
News: https://hype.news/jared-stolz-esq

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