Power of Attorney Cost

Jump to Section

Need help with a Power of Attorney?

Post Project Now

Post Your Project (It's Free)

Get Bids to Compare

 Hire Your Lawyer

What does a Power of Attorney cost? When you need a Power of Attorney drafted, it is common to wonder how much it will cost to obtain this important document. Let's explore this question and review some general information about Power of Attorneys.

How Much Does a Power of Attorney Cost?

A Power of Attorney , often abbreviated to POA, is a legal document that gives one person the power to act for another person. The agent-in-fact can make decisions on behalf of the principal in the areas of property, finances, or medical decisions depending on the power of attorney's permissions.

There are five common types of Power of Attorneys:

  • General POA
  • Durable POA
  • Medical POA
  • Special or Limited POA
  • Springing Durable POA

Each of these agreements serves a different purpose and grants the agent different levels of authority.

Getting help from a family lawyer or probate lawyer to draft a Power of Attorney is highly encouraged because this contract is an important document that gives another individual the power to make crucial decisions in your life.

It is imperative that the Power of Attorney is drafted correctly and the document clearly expresses your wishes about what powers to grant your agent and in what areas their authority is limited.

Based on data from ContractsCounsel's marketplace, the average cost of a project involving a Power of Attorney is $295 .

Power of Attorney cost depends on different factors like the complexity and length of the document.

What's Typically Included in a Power of Attorney

While the contents of a Power of Attorney document will vary based on the type of Power of Attorney and the specific needs of the principal, most POA's include the following basic information:

  1. Title: The form or document should have a title that describes whether the POA is a General, Durable, Medical, Special, or Springing Durable Power of Attorney.
  2. Date: The document needs to be dated when it is signed. Some POAs will have a specific start date, and that also needs to be included.
  3. The Principal and the Agent: The principal and agent's names and addresses should be at the top of the Power of Attorney. It is important to identify these two parties.
  4. Specific Powers: The specific powers are the responsibilities that the principal is granting the agent. These powers will vary depending on what type of Power of Attorney is being executed.
  5. How Powers are Revoked: The agreement should include an expiration date or a description of how the POA ends. This can sometimes be as simple as "when the POA responsibility has been completed."
  6. Compensation: If the principal is paying the agent for their services or any expenses related to the agent performing their duties, this should be outlined in the document.
  7. Signatures: Both the principal and the agent need to sign the Power of Attorney to show that they agree and accept all terms
  8. Notarization: The Power of Attorney must be notarized
  9. Witnesses: Some states require the signatures of two witnesses over the age of 18 on a Power of Attorney.

Different states may have additional requirements for a Power of Attorney. If you are unsure of your state's requirements, it is recommended that you consult with a family lawyer or probate lawyer who can assist you with a Power of Attorney.

What Does a Power of Attorney Allow You to Do?

The powers granted to an agent with a Power of Attorney will vary depending on the type of POA and any limitations that the principal chooses to include in the POA. General and Durable Power of Attorneys allows the agent to perform just about any action on behalf of a principal. A Special or Limited POA limits the agent's authority to a very specific action.

There are specific actions that an agent can never perform no matter what type of Power of Attorney is executed. These actions include:

  • Changing the principal's will
  • Make decisions after a principal's death
  • Change or transfer the Power of Attorney
Meet some lawyers on our platform

Terence B.

24 projects on CC
View Profile

Jane C.

27 projects on CC
View Profile

Tim E.

22 projects on CC
View Profile

Forest H.

31 projects on CC
View Profile

Types of Power of Attorney

General Power of Attorney: With a General POA, the agent can perform almost any act on behalf of the principal.

This includes:

  • Opening bank accounts
  • Managing finances
  • Buying or selling real estate
  • Corresponding with government agencies

A General POA ends when the principal revokes the POA, becomes incapacitated, or dies.

Durable Power of Attorney: A Durable POA grants the same authority as a General POA. The difference is that if the principal becomes incapacitated, the Durable POA will still be in effect.

Medical Power of Attorney: A Medical POA allows the appointed agent to make medical decisions for the principal if the principal is incapacitated and cannot express their wishes themselves.

Authorities granted in a Medical POA include:

  • Ability to speak to doctors
  • Preventing or approving surgeries
  • Decisions about organ donation
  • Release of medical records

Special or Limited Power of Attorney: This document grants the agent the authority to act on behalf of the principal for a particular purpose like cashing a check or signing a real estate document. Once the specific task is completed, the Special or Limited POA expires.

Springing Power of Attorney: A Springing POA or conditional POA goes into effect if a specific event occurs. The designated event could be a medical condition or accident, but a Springing POA is often used when someone in the military is deployed overseas.

Examples of When You May Need a Power of Attorney

People execute Power of Attorneys for many different purposes. If a person cannot act on their own behalf at any time, they need to appoint an agent through a Power of Attorney to act for them.

Some examples of when you may need a Power of Attorney include:

  • An older adult appoints a family member to handle medical and financial decisions
  • Military personnel deployed overseas may select an agent to manage their personal affairs at home
  • A person who is incarcerated may have a Power of Attorney to handle their finances, like accessing bank accounts to retain an attorney
  • A person may want a Power of Attorney in case they are in an accident and become incapacitated and need someone to make decisions for them or care for children

Explore some of our Power of Attorney lawyers .

Drafting Power of Attorney Cost

Drafting a Power of Attorney comes with costs because it usually requires the time of a trained lawyer to complete the project.

ContractsCounsel's marketplace data shows the average Power of Attorney drafting costs to be $250 across all states.

How Do Lawyers Charge for a Power of Attorney?

Family lawyers and probate lawyers can charge for services in several different ways. Two common ways a lawyer charges for services are by an hourly rate pay structure or a flat fee payment structure.

Hourly Rates for Power of Attorneys

Many family and probate lawyers choose to bill their time at an hourly rate. The lawyer will bill the client a set rate for the time spent drafting the Power of Attorney. This is usually the safest way for the lawyer to charge clients because if the assignment takes more time than expected, the attorney can charge for that time. However, for a client, hourly rates can cause some anxiety because they don't know exactly how much their bill will be.

According to ContractsCounsel's marketplace data, the average hourly rate for a family lawyer or probate lawyer ranges from $250 - $350 per hour.

Flat Fee Rates for Power of Attorneys

A flat fee billing structure is a pre-arranged total fee for legal services usually paid upfront before the lawyer begins work on your project. Flat fee rates are becoming more popular for contract drafting projects. One benefit of flat fee billing is that both the attorney and the client will have a precise total cost of the project. In addition, the lawyer is paid upfront for their work and does not have to keep track of billable hours and spend time invoicing the client.

ContractsCounsel's marketplace data shows that the average flat fee rate for a Power of Attorney costs $295 .

Get Help with a Power of Attorney

Do you need help with a Power of Attorney? If so, post a project in ContractsCounsel's marketplace to receive flat fee bids from family and probate lawyers to handle your project. Our team vets all lawyers on the ContractsCounsel's platform to ensure you are provided with top-tier service.

How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.

Meet some of our Lawyers

ContractsCounsel verified
5 years practicing
Free Consultation

I graduated from Harvard Law School and worked first for a federal judge and then a leading DC firm before starting a firm with a law school classmate. My practice focuses on company formations, early-stage investments, and mergers & acquisitions.

ContractsCounsel verified
27 years practicing
Free Consultation

After 21 years as an in-house attorney for both large and small organizations, I formed Osensky Law in 2017 to bring my unique in-house counsel insights to entrepreneurs and smaller businesses. Unlike a traditional law firm, my focus is on delivering the kind of legal support a business wants and needs - not just technically correct legal advice, but strategic problem-solving with a focus on providing business value to clients. Since earning my law degree with honors from Tulane University Law School, I worked as in-house counsel for large multinational companies such as Georgia-Pacific and MCI, as well as smaller organizations including Georgia Technology Authority and Georgia Tech. This unique combination of experience allows me to bring together the best practices of all of them. I have led multi-disciplinary teams to achieve important business goals and have successfully negotiated many multi-million dollar deals. Now, as a business owner myself, I can relate to my clients and understand the challenges they face. I have an established reputation for providing practical advice and perspectives based on my legal training combined with over 20 years of practical hands-on experience as a business lawyer and leader. Today, with my firm Osensky Law, I advise clients on starting a new business, buying or selling a small business, and doing business with contracts.

ContractsCounsel verified
10 years practicing
Free Consultation

G'day, my name is Michele! I work with startups, entrepreneurs and small/medium-sized businesses across the country in a wide array of industries. I help them with all of their ongoing, daily legal needs. This includes entity formation, M&A, contract drafting and review, employment, asset sale & acquisition, and business sales or shareholder exits. I'm half-Australian, half-Italian, and I've lived the last 20+ years of my life in America. I've lived all over the USA, completing high school in the deep south, graduating cum laude from Washington University in St. Louis, and then cum laude from Georgetown University Law Center. After law school I worked for the Los Angeles office of Latham & Watkins, LLP. After four intense and rewarding years there, I left to become General Counsel and VP of an incredible, industry-changing start-up called Urban Mining Company (UMC) that manufactures rare earth permanent magnets. I now work for Phocus Law where I help run our practice focused on entrepreneurs, startups, and SMEs. I love what I do, and I'd love to be of help! My focus is on providing stress-free, enjoyable, and high-quality legal service to all of my clients. Being a good lawyer isn't enough: the client experience should also be great. But work isn't everything, and I love my free time. I've been an avid traveler since my parents put me on a plane to Italy at 9-months old. I'm also a music nut, and am still looking for that perfect client that will engage me to explain why Dark Side Of The Moon is the greatest album of all time. Having grown up in a remote, and gorgeous corner of Australia, I feel a strong connection to nature, and love being in the elements.

ContractsCounsel verified
8 years practicing
Free Consultation

Attorney Greg Corbin is the founder and principal of Signal Law in Denver, Colorado. A top-rated trial and transactional lawyer with more than seven years of total legal experience, Mr. Corbin provides exceptional counsel and support to clients across the greater Denver metro and surrounding areas who have legal needs involving any of the following: business and corporate law; contracts and agreements; incorporations, partnerships and other entity formation and dissolution services; and ongoing business counsel for emerging and expanding commercial enterprises. Utilizing the latest in cost-saving technologies and advanced automation, Mr. Corbin has established his practice as a modern law firm ready for the future, and he strives to provide the highest level of representation to his clients and help them achieve their goals and the favorable outcomes they seek as efficiently and cost-effectively as possible. He has gained a reputation for his innovative solutions as well as his transparent pricing structure and responsiveness when dealing with his clients. In recognition of his outstanding professionalism and service, Mr. Corbin has earned consistent top rankings and endorsements from his peers as being among the top lawyers in his region for business law and transactions. A 2008 graduate of Kansas State University, Mr. Corbin obtained his Juris Doctor from Boston University School of Law in 2013. The Massachusetts Bar Association admitted him to practice that same year, and the Colorado State Bar Association admitted him in 2015. Mr. Corbin is an active member of the Denver Bar Association and the Colorado State Bar Association, among his other professional affiliations, and he supports his local community through his involvement with Project Worthmore and Biking for Baseball, where he serves on the boards of directors.

ContractsCounsel verified
5 years practicing
Free Consultation

The Law Office of David Watson, LLC provides comprehensive and individualized estate-planning services for all stages and phases of life. I listen to your goals and priorities and offer a range of estate-planning services, including trusts, wills, living wills, durable powers of attorney, and other plans to meet your goals. And for convenience and transparency, many estate-planning services are provided at a flat rate.

ContractsCounsel verified
Managing Partner
7 years practicing
Free Consultation

Experienced contracts and business attorney with years of experience advising entrepreneurs and small businesses. Currently act as general counsel to multiple companies with millions in annual revenue. My specialty is creative legal problem solving with solutions tailored to your business.

ContractsCounsel verified
2 years practicing
Free Consultation

My career interests are to practice Transactional Corporate Law, including Business Start Up, and Mergers and Acquisitions, as well as Real Estate Law, Estate Planning Law, and Intellectual Property Law. I am currently licensed in Arizona and Pennsylvania, after having moved to Phoenix in September 2019. I am currently General Counsel for a bioengineering company. I handle everything from their Mergers & Acquisitions, Private Placement Memorandums, and Articles of Amendment to Intellectual Property Assignments, to Employment Law and Beach of Contract settlements. I have 4 years experience handling commercial breach of contract cases working with Burton Neil & Associates, P.C. I have experience with Intellectual Property infringement after having worked for Ryley Carlock & Applewhite. I have also recently gained experience with Estate Planning law, drafting numerous Estate Planning documents for people such as Wills, Powers of Attorney, Healthcare Directives, and Trusts. I am looking to further gain legal experience in these fields of law as well as expand my legal experience assisting business start ups, mergers and acquisitions and also trademark registration and licensing.

ContractsCounsel verified
2 years practicing
Free Consultation

Atilla Z. Baksay is a Colorado-based attorney practicing transactional and corporate law as well as securities regulation. Atilla represents clients in the negotiation and drafting of transactional (e.g. master service, purchase and sale, license, IP, and SaaS agreements) and corporate (e.g. restricted stock transfers, stock options plans, convertible notes/SAFE/SAFT agreements, bylaws/operating agreements, loan agreements, personal guarantees, and security agreements) contracts, in-house documents (e.g. employment policies, separation agreements, employment/independent contractor/consultant agreements, NDAs, brokerage relationship policies, and office policy memoranda), and digital policies (e.g. terms of service, privacy policies, CCPA notices, and GDPR notices). Atilla also reviews, and issues legal opinions concerning, the security status of digital currencies and assets. Following law school, Atilla practiced international trade law at the Executive Office of the President, Office of the United States Trade Representative, where his practice spanned economic sanctions enacted against goods originating in the People’s Republic of China valued at $500 billion. Afterwards, Atilla joined a Colorado law firm practicing civil litigation, where the majority of his practice comprised of construction defect suits. Today, Atilla's practice spans all corporate matters for clients in Colorado and the District of Columbia.

ContractsCounsel verified
18 years practicing
Free Consultation

After graduating from The University of Chicago Law School in 2002, Clara spent eight years in private practice representing clients in complex commercial real estate, merger and acquisition, branding, and other transactional matters. Clara then worked as in-house counsel to a large financial services company, handling intellectual property, vendor contracts, technology, privacy, cybersecurity, licensing, marketing, and otherwise supporting general operations. She opened her own practice in September of 2017 and represents hedge funds, financial services companies, and technology companies in a range of transactional matters.

ContractsCounsel verified
18 years practicing
Free Consultation

Founder and owner of Grant Phillips Law.. Practicing and licensed in NY, NJ & Fl with focus on small businesses across the country that are stuck in predatory commercial loans. The firm specializes in representing business owners with Merchant Cash Advances or Factoring Arrangments they can no longer afford. The firms clients include restaurants, truckers, contractors, for profit schools, doctors and corner supermarkets to name a few. GRANT PHILLIPS LAW, PLLC. is at the cutting edge of bringing affordable and expert legal representation on behalf of Merchants stuck with predatory loans or other financial instruments that drain the companies revenues. Grant Phillips Law will defend small businesses with Merchant Cash Advances they can no longer afford. Whether you have been sued, a UCC lien filed against your receivables or your bank account is levied or frozen, we have your back. See more at www.grantphillipslaw.com

ContractsCounsel verified
2 years practicing
Free Consultation

I am a software developer turned lawyer with 7+ years of experience drafting, reviewing, and negotiating SaaS agreements, as well as other technology agreements. I am a partner at Freeman Lovell PLLC, where I lead the legal process outsourcing effort for routine commercial contracts. We provide a strong alternative to traditional hiring by providing you with the power of a team for the price of a temporary attorney.

Find the best lawyer for your project

Browse Lawyers Now

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call