Foster & Foster PC

Foster & Foster PC, located at 5700 Granite Pkwy STE 200, Plano, TX 75024, USA, operates as a multifaceted professional services firm, primarily recognized for its actuarial consulting services, while also encompassing a legal practice focused on civil litigation and business law. As a significant entity in the "Lawyers Near Me" category, the firm serves a diverse clientele in Plano and across the nation, addressing intricate financial and legal challenges.

The environment at Foster & Foster PC is characterized by a commitment to specialized expertise and client-centric solutions. For its actuarial consulting arm, the firm emphasizes a highly technical and professional setting, where a large team of credentialed actuaries and experienced staff work to manage complex retirement and health & welfare plans. For the legal practice, the focus is on providing responsive service and pragmatic assessments of legal issues. While specific client reviews for "Foster & Foster PC" (the actuarial and legal entity at this address) are not directly available in the provided prompt, information gathered from public sources suggests an emphasis on strong client relationships, built on direct communication and cost-effective problem-solving for their legal clients. The Plano location, within the thriving business hub of Granite Parkway, indicates a modern and professional setting conducive to handling sophisticated client needs.

Foster & Foster PC offers two distinct yet complementary areas of service:

• Actuarial Consulting Services: This is a major component of Foster & Foster's operations. They specialize in providing comprehensive actuarial consulting for retirement and health & welfare plans to various types of employers, including:

  • Retirement Services: This includes annual actuarial reports, pension plan administration, complex benefit calculations, compliance services (such as voluntary correction program support and legislative changes), and communication services for participants. They serve over 300 public pension plans, multi-employer (Taft Hartley) plans, and corporate plans, with a team comprising over 50 staff members, including 33 credentialed actuaries.

  • Health & Welfare Services: This covers post-retirement medical analysis and GASB 74/75 reporting, contribution and self-pay rate calculations, Medicare Part D attestations, VEBA plan design and implementation, and OPEB plan design. They also offer general consulting services like benefits strategy development, cost containment analysis, vendor bidding, and compliance services related to the Affordable Care Act (ACA).

• Legal Services (through the Law Offices of Foster & Foster, P.C.): This arm of the firm is a civil litigation law firm primarily representing businesses and individuals in various business matters. Their core legal practice areas include:

  • Business Advice, Transactions, and Litigation: Assisting businesses with legal aspects of their operations, including transactional matters and representing them in disputes.

  • Landlord/Tenant Law: Handling legal issues that arise between landlords and tenants.

  • Contract Issues, Disputes, and Litigation: Advising on contracts, resolving contractual disagreements, and representing clients in contract-related lawsuits.

  • Creditor's Rights/Debt Collection/Enforcement of Liens and Security Interests: Representing creditors in collecting debts and enforcing their rights.

  • Real Estate Disputes: Addressing legal conflicts related to real property.

  • Insurance Disputes: Representing clients in disagreements with insurance companies.

  • Probate, Wills, and Trusts: Providing legal assistance with estate administration, drafting wills, and establishing trusts.

Several features highlight the strengths of Foster & Foster PC in both its actuarial and legal capacities.

For actuarial services, a significant feature is the extensive experience and large team of highly credentialed professionals, including Fellows in the Society of Actuaries. Their client base is broad, serving plans ranging from a few members to 180,000, demonstrating adaptability and capacity for large-scale projects. They also leverage administrative services, including online portals and customized benefit calculators, to enhance efficiency and client access.

For legal services, the Law Offices of Foster & Foster, P.C. emphasizes "responsive service, frank assessments of legal issues, and excellent results." They focus on providing personal representation, ensuring clients work directly with the attorney they hired. Their approach is described as "cost-effective and pragmatic," aiming to resolve legal problems efficiently and also advise clients on how to avoid future litigation. This proactive and results-oriented approach is a key feature of their legal practice. The firm operates with a strong commitment to directly engaging clients and providing transparent advice.

Promotional information for Foster & Foster PC highlights their comprehensive capabilities across both actuarial and legal domains. For their actuarial consulting, they emphasize their deep expertise in retirement and health & welfare plans, showcasing their long history and extensive client portfolio across the country. They promote their ability to provide solutions for complex financial planning and compliance needs for employers.

For the legal services arm, the Law Offices of Foster & Foster, P.C. explicitly states its role as a civil litigation law firm in Plano, Texas, serving Collin, Dallas, and Denton counties, and throughout the Dallas/Fort Worth Metroplex. They promote their ability to handle various business matters, from advice and transactions to litigation. Their contact information, (972) 991-1606, is consistent across both entities, serving as the main phone line and mobile contact (+1 972-991-1606). While no specific promotional offers like free consultations are explicitly provided in the initial text for this specific firm, law firms commonly offer them. The firm's commitment is to assist clients in resolving legal problems effectively and to offer advice on preventing future issues, showcasing a holistic approach to legal counsel. Their online presence aims to convey a sense of reliability and a pragmatic approach to legal challenges.

In conclusion, Foster & Foster PC is a prominent professional services firm in Plano, TX, offering dual expertise in actuarial consulting for retirement and health & welfare plans, and civil litigation and business law through the Law Offices of Foster & Foster, P.C. While the actuarial side boasts extensive experience and a large team catering to diverse employers, the legal arm focuses on responsive, frank, and cost-effective representation for businesses and individuals in a range of civil and commercial disputes. Both aspects of Foster & Foster PC are united by a commitment to professional service and practical solutions for their clients' complex financial and legal needs.