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Estate Planning >> Trusts & Living Trusts >> Legal Fees

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Discussion: Legal Fees+

#191, posted 29 Jan 2022 12:55 am, in reply to #183126 words
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Joined 26 Jan 2022 1:01 pm

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Dear Jonathan,

Generally speaking, the rule is that parties bear their own costs and attorneys' fees.

However, you shall try to insist on having attorney fees compensation clause in your settlement agreement.

What you shall watch for in the settlement agreement is covenant “not to sue”. If there is such a provision in the settlement agreement you lose your right to bring a claim for attorney fees in the future.

Attorney fees are rarely awarded, and as we understand your point, it may be awarded if the other party brought a “frivolous claim”.

Please note that Legal Helpmate is not a law firm and written above is given for your information only and does not constitute a legal advice.

Best regards and good luck,

Legal Helpmate

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