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  2. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    Attorney (Lawyer) fees, paid by either or both parties, for the preparation and recording of official documents.

  3. Attorney's fee - Wikipedia

    en.wikipedia.org/wiki/Attorney's_fee

    Attorney's fee is a chiefly United States term for compensation for legal services performed by an attorney (lawyer or law firm) for a client, in or out of court. Fees may be an hourly, flat-rate or contingent fee.

  4. English rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/English_rule_(attorney's_fees)

    In the United States the "American rule" is generally followed, each party bearing its own expense of litigation. However, 35 U.S.C. § 285 provides that in patent cases, the losing party may have to pay attorney fees of the winning party if the case is deemed "exceptional."

  5. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Attorney fees: Real estate attorneys are often hired by either or both parties to review contracts and closing documents — in fact, in some states, the transaction cannot legally close without ...

  6. American rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/American_rule_(attorney's...

    The American rule (capitalized as American Rule in some U.S. states) is the default legal rule in the United States controlling assessment of attorneys' fees arising out of litigation. It provides that each party is responsible for paying its own attorney's fees, [ 1 ] [ 2 ] unless specific authority granted by statute or contract allows the ...

  7. Testamentary trust - Wikipedia

    en.wikipedia.org/wiki/Testamentary_trust

    A testamentary trust provides a way for assets devolving to minor children to be protected until the children are capable of fending for themselves; [3] A testamentary trust has low upfront costs, usually only the cost of preparing the will in such a way as to address the trust, and the fees involved in dealing with the judicial system during probate.

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