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  • "Unbundling" services? Cost

    All,

    If we get our financial stuff in order, know what were are doing wrt to our kids with a parenting plan, have our wills sorted, think we have a financial plan.

    What kind of costs are there for Reviewing and Advice on a Separation agreement? Each of use should have independent review.

    We will need legal help for title change, wills. Just curious as to what numbers of hours are typical for review and advice? I know it is variable..I am just curious..ballpark..

    thanks

  • #2
    $1300 and up, depending on complexity. The problem of course is the lawyers. You draft the SA with one lawyer, another will tell it needs to be scrapped and re-written, even though in the end it will be just same.

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    • #3
      i paid 1500 but she also wrote up the agreement went over my financials with me and there were letters back and forth getting little details sorted out.

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      • #4
        Find lawyers who feel free to communicate with one another via the internet and you will save time and money.

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        • #5
          What kind of costs are there for Reviewing and Advice on a Separation agreement? Each of use should have independent review.
          Depends on the depth of what you are looking for. If you just want independent legal advice, that can be accomplished in as little as 1-2 hours (read: 1-2x their hourly rate + HST) if you have your ducks in a row, with costs going up depending upon how complex the contract and advice you need moving on (read: if the agreement is junk and needs to be rebuilt from the ground up, costs rise rapidly).

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          • #6
            thanks for the input, I THINK we can draft an intelligent version if we get an actuary for our pensions along with our financial advisors input.

            The biggest hurdle I have is she is not financially knowledgable and thinks she is going to live a life of poverty..she says she doesn't want support.I'd rather she feel comfortable with having it reviewed and mediated, without being convinced to go old school and fight a long drawn out-nobody wins battle.

            I have heard the term divorce coach used, is there some place for her to turn that can ease the fear and help her through this? not sure I can explain things and give her scenarios and not be seen as trying to "get out of paying" or "getting off easy". On the other hand a blood in the water horror story lawyer could be the flip side. (not that lawyers are bad people or any different than any other profession that makes its money by prolonging services on occasion).

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