The Pa Calculator (Power of Attorney) helps users estimate costs by calculating the validity period, estimated hours required, base cost, and total cost for different types of power of attorney documents based on input parameters like document type, dates, number of powers, complexity level, and hourly rate.
Pa Calculator
Use Our Pa Calculator
Using the Pa Calculator (Power of Attorney)
The Pa Calculator is a comprehensive tool designed to help you estimate the costs associated with different types of Power of Attorney (PoA). Follow the steps below to use this calculator efficiently.
Step 1: Select the Type of Power of Attorney
Begin by selecting the type of Power of Attorney from the drop-down menu. Choose from the following options:
- General Power of Attorney
- Limited Power of Attorney
- Durable Power of Attorney
- Medical Power of Attorney
This selection is required to proceed with the calculation.
Step 2: Enter the Start and End Dates
You need to input the validity period for the Power of Attorney by entering the start and end dates.
- The Start Date should be no earlier than January 1, 2024, and no later than December 31, 2034.
- The End Date should also fall within the same date range.
Both dates are mandatory fields and ensure an accurate calculation of the validity period.
Step 3: Specify the Number of Powers Granted
Enter the number of powers being granted through this Power of Attorney. This is a numerical field where you must enter a value between 1 and 50. Each power represents a specific authority granted to the attorney-in-fact.
Step 4: Choose the Complexity Level
Select the complexity level for this Power of Attorney:
- Basic (1)
- Intermediate (1.5)
- Complex (2)
The complexity level influences the estimated hours required for completing the Power of Attorney forms and processes.
Step 5: Enter the Base Hourly Rate
Provide the base hourly rate in dollars. This value should be between $50.00 and $1000.00, with increments available to the cent. This rate is essential for calculating the total estimated cost accurately.
Step 6: Review the Calculated Results
Once all the input fields are completed, review the calculated results provided by the Pa Calculator. The results include:
- Validity Period (Days): Calculated as the difference between the end date and start date.
- Estimated Hours Required: Based on the number of powers, complexity level, and a multiplication factor.
- Base Cost: Derived from the estimated hours and base hourly rate.
- Complexity Fee: Additional cost calculated based on the base cost and complexity level.
- Total Estimated Cost: Summation of the base cost and complexity fee.
Use this detailed breakdown to get an accurate estimate of the cost for setting up the Power of Attorney. Ensure that all fields are filled accurately to receive the most precise calculation.