how much is a will from an attorney going for

It's very common for a lawyer to charge a flat fee to write a will and other basic estate planning documents. The low end for a simple lawyer-drafted will is around $300. A price of closer to $1,000 is more common, and it's not unusual to find a $1,200 price tag.

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How much does a lawyer charge to write your will?

It's very common for a lawyer to charge a flat fee to write a will and other basic estate planning documents. The low end for a simple lawyer-drafted will is around $300. A price of closer to $1,000 is more common, and it's not unusual to find a $1,200 price tag. Lawyers like flat fees for several reasons.

What percent will a lawyer usually take?

If you do hire a lawyer, though, you should be aware that it's going to come at a price. The low end for having a lawyer draft a will is around $300, but it can easily cost $1,000 or more if your situation is more complicated.

How much will you make being a lawyer yearly?

Aug 31, 2008 · This will give you an idea of how many hours the attorney expects the firm to spend on your estate plan. If he quotes you a $5,000 flat fee and he bills his time at $200 an hour, he expects that he and his firm will spend about 20 to 25 hours on your case. The general rule is that the higher an attorney's hourly rate, the more experience he has.

How much does a will or power of attorney cost?

This amount will vary significantly, although a family law attorney generally charges $250 per hour. However, it is important to understand the different pricing structures utilized by attorneys, and what those legal fees generally cover. Hourly rates are the most common fee structure utilized by attorneys.

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Is your lawyer charging too much?

Julie Ann Garber is a vice president at BMO Harris Wealth management, a CFP, and has 25 years of experience as a lawyer and trust officer. Julie Ann has been quoted in The New York Times, the New York Post, Consumer Reports, Insurance News Net Magazine, and many other publications.

Your Initial Meeting

Most estate planning attorneys don't charge a fee for the initial meeting, but this is by no means a universal rule. Don't be surprised if the attorney does charge a small fee for sitting down with you for the first time. It can go either way.

The Estate Planning Flat Fee

A set dollar amount typically covers the initial meeting—if you end up retaining the attorney's services—as well as preparation of basic documents, review of documents, and signing of documents.

Standard Hourly Rates

A flat fee is a composite of the attorney's standard hourly rate and how many hours he thinks he'll have to invest in your case to resolve it. Ask what that hourly rate is, and find out how much you'll be charged for the services of other attorneys and paralegals in the firm.

Meet by Telephone First

It's common these days to handle a significant amount of business by telephone. Consider setting up telephone interviews with at least two estate planning attorneys before meeting in person. This will save your time and the attorney's time...if she's willing.

Ask for Details

Ask an attorney who's going to charge you more than another exactly why his fee is so much higher. Some attorneys are in the business of selling estate plans in bulk, while others are truly interested in giving you a high-quality estate plan and becoming your advisor for life.

Trust Your Gut

Your goal shouldn't necessarily be to find the cheapest attorney. Think about how comfortable you feel with each, because you'll have to be open and honest when discussing the most intimate details of your personal life and finances with this individual. Sometimes you have to go with your instincts.

How much does an attorney charge per hour?

On the other hand, newer or less experienced attorneys may charge as little as $50 per hour, but it may take them several more hours to complete the case. Regardless of experience and hourly rate, the cost will increase with the amount of time the attorney spends on your case.

What is flat fee attorney?

Flat fees are an overall charge paid up front, and cover the entirety of your legal representation.

What is family law?

Family law refers to the branch of the legal field that deals with issues relating to domestic relationships. Thus, a family law attorney is an attorney that specializes in family law, as opposed to other branches of the legal field.

How long does it take to resolve a divorce?

For example, a simple divorce usually takes around ten months to resolve, on average.

Do attorneys specialize in family law?

However, some attorneys who practice family law choose to specialize even further. For example, some attorneys will specialize in adoptions, while others may solely focus on divorce and other related issues.