Teresa K. Bowman, P.A—List of fees and rates

Most of our work is done on a flat fee basis. Some work will be done on an hourly basis dependent upon the work at hand and the complexities of the matter. When you retain our firm to work on your behalf you will be informed at that time if your work is going to be completed on an hourly or flat fee basis. In some cases there may be initial flat fee charges but follow up work may be charged on an hourly basis. Again, all rates and fees will be disclosed upfront.

Hourly rates are as follows:

Teresa K. Bowman, Esq.—$350 per hour

Paula Rowland, Legal Assistant and Public Benefits Specialist—$145.00 per hour

Christopher Bowman, Estate Planning Legal Assistant—$85.00 per hour

Administrative Assistant—$45.00 per hour

Estate Planning Fees

Most estate planning work is done on a flat fee basis. The fees quotes are based on an initial meeting ($150 consultation fee), drafting documents based on meeting and decisions made at that time, a review of the documents, minor redrafting, and a follow-up meeting to execute the documents is included in the flat fee quote. The fees include copies of the finalized documents as requested.

Significant redrafting, or additional meetings to finalize documents will be charged on an hourly basis.

Single Person
Will, power of attorney, health care directive and living will	$  750
Revocable Trust, Pour-over will, POA and HCD w LW, one deed to trust (if needed), certificates of trust and funding instructions	$1850
Married Couple
Wills, powers of attorney, health care directives and living wills	$1550
Revocable Trust, Pour over will, POA and HCD w LW, one deed to trust (if needed), certificates of trust and funding instructions	$2750
Wills or Trusts that include Special Needs Trusts will increase the package rates by $500-$1000 dependent upon type of trust and complexity of drafting.

Probate and Trust Administration

Summary Administration for assets of less than $75,000/ no known creditors	$1500 or hourly whichever is higher
Summary Administration for transfer of homestead property/ no known creditors	"
Formal Probate- assets over $75,000	$5000 and up – dependent upon complexity of estate and amount of assets
Trust Administration	Statutory Rates

Long Term Care Planning

Initial consultation with written follow up	$295 on all matters involving long term care planning, asset preservation or special needs planning
Medicaid Eligibility for single person	$6000 and up dependent upon options
Medicaid Eligibility for married couple	$7000 and up dependent upon options Medicaid fees include updating of all estate planning documents for both applicant (if possible) and spouse
Irrevocable Trusts	$2000 and up dependent upon complexity of drafting
Special Needs Trusts	$1500 and up dependent upon circumstances and reporting requirements to state agencies (if needed)
Personal Services Contracts/Family Agreements	$1000 – $1500 dependent upon circumstances and complexity

Deeds

Deed to Trust	Once included with Trust Package, others $250 each plus recording fees
Deed to convey property without title search	$250 plus recording fees
Life Estate Deed	$500 plus recording fees
Enhanced Life Estate Deed	$950 plus recording fees

 

I do not charge for home visits to meet with clients or execute documents unless the travel time is over one half (1/2) hour one way.

These fees are representative of the fees normally charged in matters. However, all fees are subject to the specific facts of your situation, and sometimes the quoted fee will change if the circumstances or facts change during planning. All changes will be discussed and agreed to in writing.