My mother is trying to do a preplan in the event of nursing home care is needed in the future. She is 75 and in excellent health.
We went to a local Elder law attorney that advertises on the radio a lot so I thought we should give him a try. I also checked out his website and for reviews online. He charges $200 up front for the first meeting if you decide not to take action/go forward at that first meeting but will credit that $200 towards any future work he does in your case.
After filling him in on the details he told us the best way to go was to do;
1. Irrevocable trust
2. Power of Attorney
3. Living will
4. Health care proxy
My mother has a free and clear house and some money market accounts less than 100k. He wants to put the house and the cash into the irrevocable trust and name me (her son) the trustee and beneficiary and have a backup trustee and beneficiary should I try to predecease my mother.
I think there was one other document but I could be wrong as I don't recall every part of the meeting perfectly but I think the 4 documents listed above was it.
His charge was $4,500 plus any document/recording fees of $300 for a total of $4,800.
I was shocked at the cost. He seems knowledgeable and friendly but I thought this would be around $2,000 tops.
Is this guy overcharging for the above work Elder preplanning in Massachusetts?
Where would I go to find other **good** Elder Law attorneys in Massachusetts?
Thanks for your time and effort.