what is reasonable power of attorney fees

While the costs may vary widely, attorneys often charge flat fees for individual legal documents like POAs. A consumer could probably expect to pay a lawyer less than $200 for a POA in most cities.

Full Answer

What is the cost to obtain a power of attorney?

Mar 14, 2014 · What are "reasonable" POA fees and charges? Have you experienced a POA draining a clients estate? POA billing is $!,000./month when client is mentally sharp, although on Hospice. Hospice personnel are in daily contact, and providing ongoing services.

What is the compensation for power of attorney?

What is a reasonable amount of reimbursement for me as an agent under a power of attorney who is paying bills, picking up prescriptions, and going on doctor visits and trips to buy groceries for my elderly mother?

What is the salary of a power of attorney?

Dec 16, 2017 · A reasonable change for being someone's POA is $0. But you're more than a POA, you're managing his life. So let's break it down. Sale of his belongings: 15% of his profits would be a reasonable amount. Sale of his home, where you kind of acted like a 2nd realtor, representing his interests: 2-3% of the sale price of the home would be reasonable.

What is reasonable compensation for power of attorney?

Answer (1 of 2): Are you asking what the attorney would charge to prepare a POA or what an agent would charge for acting under a POA? The former varies tremendously based on what you want your POA to cover, how complicated it is, how many lawyers there are in your area, how expensive your area is...

What is an attorney in fact?

The attorney-in-fact's powers are determined by the type of power of attorney you grant, and can be very broad or very limited. Once you grant person power of attorney, that person becomes your attorney-in-fact, but that does not mean the person is a lawyer. The title "attorney-in-fact," "agent," or "power of attorney" only means ...

What can an agent do?

An agent can do anything the principal allows her today, such as conduct business with the principal's bank, buy property in the principal's name or make health care decisions when the principal is unable to do so. Advertisement.

Can an attorney in fact receive compensation?

Whether an attorney-in-fact receives compensation is entirely up to the principal. If, for example, you grant your child health care power of attorney in case you get ill and want someone to interact with your physicians for you, no payments or salary are usually involved. On the other hand, if you appoint your attorney to look after your affairs by granting her power of attorney over your finances, the attorney probably won't do so unless you pay her a salary.