The cost depends on the situation. If you’re a principal with capacity, changing a power of attorney can be relatively inexpensive. However, if you also need to recover stolen assets or prove agent misconduct, legal fees will likely be involved.
For cases involving an incapacitated principal, costs are typically higher because court involvement is typically required. Fees can range from a few thousand dollars to significantly more if the case is complex, contested or proceeds to trial.
That said, many cases resolve through mediation, which is less expensive. In some instances, you may be able to recover legal fees through a court order or settlement.
