$100-$500 per hour
1 On average, a lawyer can charge a flat fee or by the hour. 2  Since a real estate transaction is fairly common, many attorneys have flat fee packages available. 3  On average, an attorney can charge anywhere from $385 to $1,000 for the entire process. 1 Since a real estate transaction is fairly common, many attorneys have flat fee packages available. 2 Believe it or not, rates may vary anywhere from $50 an hour to a $1,000 an hour or more. In rural areas and small towns, lawyers tend to charge less, and fees in the range of $100 to $200 an hour for an experienced attorney are probably the norm. In major metropolitan areas, the norm is probably closer to $200 to $400 an hour. Lawyers with expertise in specialized areas may charge much more. In addition, you can expect to be charged at an hourly rate for paralegals and other support staff. A good paralegal's time, for example, may be billed out at $50 to a $100 an hour or perhaps more. 1 Most attorneys are going to have packages already created with a price tag. 2  However, if they do not, they may charge by the hour. 3  Hourly rates can range from $150 to $300 per hour. 4  According to lawyerlocator.lawyers.com, the cost of hiring an estate planning attorney is around $800 to $1,800. 5  This covers only flat fees. 1 However, if they do not, they may charge by the hour. 2  Hourly rates can range from $150 to $300 per hour. 3  According to lawyerlocator.lawyers.com, the cost of hiring an estate planning attorney is around $800 to $1,800. 4  This covers only flat fees. 5  Take note that some lawyers charge an hourly fee. An estate lawyer will likely charge by the hour if the estate is large and complex, or the client will require several services, such as a trust, healthcare directive, and tax planning. Hourly rates will vary greatly, depending on the relative ability of the lawyer. Expect to pay $100-$500 an hour for a lawyer’s time. A lawyer who works on an hourly rate may also require the payment of a retainer. This retainer will cover a certain amount of that lawyer’s time. After the retainer is expended, a standard (or potentially discounted) hourly rate will apply Kinds of Fee Arrangements. Lawyers usually use one of three methods to charge for probate work: by the hour, a flat fee, or a percentage of the value of the estate assets. Your lawyer may let you pick how you pay—for example, $250/hour or a $1,500 flat fee for handling a routine probate case. You can get an idea of how high these fees are by looking at California’s statutory fee schedule. For “ordinary” services, a lawyer can collect: 1  4% of the first 100,000 of the gross value of the probate estate. 2  3% of the next $100,000. 3  2% of the next $800,000. 4  1% of the next $9 million. 5  ½% of the next 15 million The fees vary from $250 - $450 roughly. The costs to close are going to vary more than that. It depends on how much you are financing. You'll have the costs to secure the mortgage plus a full years taxes and insurance. Richard, Most real estate attorneys charge between $400 - $450. Closing costs are generally between 6-7% of the purchase price. So if you're mortgaging an investment property that costs $100,000 closing costs will be around $6,000 - $7,000. For example, if you’re handling an estate that includes a house worth $300,000, with $175,000 left on the mortgage, the lawyer’s fee would be based on $300,000—not the $125,000 of equity the estate actually owns. You can get an idea of how high these fees are by looking at California’s statutory fee schedule. For “ordinary” services, a lawyer can collect: 1  4% of the first 100,000 of the gross value of the probate estate. 2  3% of the next $100,000. 3  2% of the next $800,000. 4  1% of the next $9 million. 5  ½% of the next 15 million
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