How much does an Enduring Power of Attorney and Will cost?

Understanding the cost of estate planning is important. At Bell & Senior, we focus on providing professional drafting at fixed-fee rates so you have certainty from the start.

Our Estate Planning Bundles

For most clients, it is most cost-effective to prepare your Will and Enduring Power of Attorney (EPOA) at the same time. This ensures that your instructions for both your life (EPOA) and your legacy (Will) are consistent.

• Standard Bundle: Around $700 plus GST for a standard Will and EPOA. This is ideal for individuals and families with straightforward assets.
• Complex Estates: If your estate involves testamentary trusts, complex company structures, or blended family considerations, we will provide a tailored quote after our initial consultation.

Standalone Power of Attorney Costs

If you only require a Power of Attorney (either General or Enduring), the costs typically depend on your specific needs:

1. Preparation Only: Drafting the document and providing the necessary legal witnesses.
2. Land Titles Registration: If your Attorney needs to sign documents for buying or selling property, the POA must be registered with the Queensland Land Titles Office. This involves additional government filing fees and legal time to manage the registration.

Why Professionally Drafted Documents Save Money

While “newsagent kits” are cheap, they often prove to be very expensive for families later. Common issues with DIY documents include:

• Incorrect Witnessing: Making the document invalid.
• Vague Clauses: Leading to banks refusing to allow Attorneys to access funds.
• Lack of Land Titles Compliance: Preventing the sale of a home to fund nursing home care.

By investing in professional drafting now, you avoid the thousands of dollars in legal fees your family would face applying to QCAT for guardianship or administration orders later.

Contact Bell & Senior today for a formal estimate tailored to your circumstances. call (07) 5532 8777.