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NEW & REVISED DOCUMENTATION PRICES AS OF 08-01-07

Home Forums Documentation Assistance Documentation Assistance and Advice NEW & REVISED DOCUMENTATION PRICES AS OF 08-01-07

This topic contains 2 replies, has 0 voices, and was last updated by Avatar of joecain joecain 11 years, 3 months ago.

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  • #3591
    Avatar of joecain
    joecain
    Member

    Attention to all NARS Network Members, Non-Members, Posters, Lurkers and all interested Others:

    Bill has heard your feedback and reduced the maximums on our fee schedule as of Wednesday, August 01, 2007

    The maximum fees for Documentation have been dropped back to $4,000.00 plus Retainer plus Trustee Set-up for NARS Network Members and $8,000.00 plus Retainer plus Trustee Set-up for Non-Members. The minimums remain $400.00 and $800.00 plus Retainer plus Trustee Set-up.

    Here are some sample prices:

    1.) On a property with a MAV of $200,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $750.00 (Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $1,400.00 TOTAL

    Non-Member (1% plus Retainer):

    $2,000.00 (Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $3,300.00 TOTAL

    2.) On a property with a MAV of $300,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $1,125.00 (Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $1,775.00 TOTAL

    Non-Member (1% plus Retainer):

    $3,000.00 (Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $4,300.00 TOTAL

    3.) On a property with a MAV of $400,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $1,500.00 (Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $2,150.00 TOTAL

    Non-Member (1% plus Retainer):

    $4,000.00 (Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $5,300.00 TOTAL

    4.) On a property with a MAV of $500,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $1,875.00 (Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $2,525.00 TOTAL

    Non-Member (1% plus Retainer):

    $5,000.00 (Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $6,300.00 TOTAL

    5.) On a property with a MAV of $1,000,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $3,750.00 (Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $4,400.00 TOTAL

    Non-Member (1% plus Retainer):

    $8,000.00 (Maximum Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $9,300.00 TOTAL

    6.) On a property with a MAV of $2,000,000.00, following are the fees:

    NARS Network Member (.375% plus Retainer):

    $4,000.00 (Maximum Facilitation Fee, payable to NARS)
    $400.00 (Non-Refundable Retainer, payable to NARS)
    $250.00 (Trustee Set-up & Acceptance, payable to EHC)

    $4,650.00 TOTAL

    Non-Member (1% plus Retainer):

    $8,000.00 (Maximum Facilitation Fee, payable to NARS)
    $800.00 (Non-Refundable Retainer, payable to NARS)
    $500.00 (Trustee Set-up & Acceptance, payable to EHC)

    $9,300.00 TOTAL

    These amounts reflect the new and improved Fees currently available as of this date. The newly revised MAV Fee Calculator and Proposal Template (v4.9) are available to be emailed and will be available on this site shortly.

    #21692
    Avatar of mark_04
    mark_04
    Member

    The new NARS Documentation Fee Calculator & Schedule is available here: NARS Documentation Fee Calculator & Schedule (to download use right click and choose Save as…)

    The updated Proposal Template (v4.9) is available here: Proposal Template v4.9 (to download use right click and choose Save as…)

    #21693
    Avatar of bobc
    bobc
    Member

    The example that you describe with various MAVs:
    Is this the pricing for a 1-party, 2-party, or 3-party trust?

    #21694
    Avatar of joecain
    joecain
    Member

    bcumming -

    Those examples are pricing for multiple beneficiary equity holding title transfer transactions, namely the PACTrusts and NEHTrusts.

    Simple Trusts are priced differently. Please see the Fee Schedule provided elsewhere for more info.

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