Poughkeepsie, NY asked in Estate Planning and Elder Law for New York

Q: How much can I expect to pay a lawyer to be my agent under a durable power of attorney for finances?

What is a typical payment arrangement? I assume no payment is necessary until the agent actually begins carrying out his duties. Is the payment arrangement something that should be spelled out in the power of attorney document?

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1 Lawyer Answer
Gary Lane
Gary Lane
  • Estate Planning Lawyer
  • Irvine, CA
  • Licensed in New York

A: Do not use an attorney. No reason to spend that money. Anyone you trust who has reasonable acumen, can perform the task. If you wish to pay anyone, yes, be sue to spell it out.

Nina Whitehurst and Tim Akpinar agree with this answer

1 user found this answer helpful

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