h  o  m  e  a  p  e  r  r  y  b  s  e  r  v  i  c  e  s  b  c  o  n  t  a  c  t  b  f  a  q  s

F R E Q U E N T L Y   A S K E D   Q U E S T I O N S
 
What are the charges for the different services that are provided?

All matters are billed on an hourly basis with the hourly rate being $175.00 per hour.  The charges therefore depend on the complexity of the legal matter.  There is no charge for the initial telephone consultation for up to one-half hour.  You receive a free telephone consultation for each new matter that bring to the Ryon Law Firm, LLC.  In the event that you decide not to proceed with the matter after the initial consultation, there is no charge incurred by you.  There also is no charge for time or expenses traveling to and from your  home, office or other meeting place. 

 
How are these legal services billed?

When you decide to proceed with a matter, you and Perry Ryon sign a written Fee Agreement.  At that time an estimate of the cost of services will also be provided to you.  In addition, a retainer will be requested from you, the amount of which will be determined based on the estimate of the cost of legal services. 

The retainer is then placed in Ryon Law Firm, LLC's trust account.  Detailed statements of services will be provided to you by the 5th of each month for the services rendered the preceding month.  At that time, funds for the services provided are transferred from the law firm’s trust account to the firm’s operating account.  The monthly statement will also request that you restore the balance in the trust account to the original amount of the retainer.  By providing monthly statements, the you are always aware of the legal expenses being incurred on your behalf. 

It is important that you understand that the estimate of the cost of services are just that – estimates based on past experience.  Often, circumstances may change regarding the cost of a matter, and in this case, you will be provided with a revised estimate as soon as Ryon Law Firm, LLC becomes aware of the changed circumstances.

     
If my estate is not large enough to be taxable under state or federal law, why do I need a will?

For parents with minor children, an important reason for having a will is to provide for the most appropriate guardian in the event an accident or sudden illness results in the death of one or both parents.  In addition, it is very important to make provision for the financial security of the surviving spouse and/or minor children.  When minor children are the beneficiaries of an estate, it is often wise to provide a trust in order to provide for their care and education.

In situations where there are no minor children, it is still important to provide for the distribution of the estate in the most appropriate way, taking into account the unique circumstances of each of the potential heirs.  In the absence of a will, your estate will be distributed in accordance with the laws then in effect in Colorado.  This may create unnecessary hardship on one or more of the survivors.

     
What is a Living Will and do I need one?

A living will provides a statement of your wishes regarding the type of life-sustaining medical procedures you want initiated in the event you become terminally ill and are unable to communicate your wishes.  In Colorado it is a simple document and can assure your wishes are followed.  By having a Living Will, you can relieve your loved ones from having to guess about your wishes.

     
Why do I need Medical and General Durable Powers of Attorney?

Durable powers of attorney allow you to designate an agent to act on your behalf to make medical and financial decisions in the event you become temporarily or permanently incapacitated.  By having durable powers of attorneys executed in advance of a potential incapacity, you can save substantial time and expense in having a guardian or conservator appointed by the court.  Perhaps even more important, you have the peace of mind of knowing that your wishes will be honored.

     
Why do I need to be represented when I purchase a home?

For the majority of Americans, purchasing a home is the largest transaction they ever undertake.  While Title Insurance does provide needed protection, it does not cover certain situations.  All title policies contain exceptions to coverage in some instances which are important to accurately understand.  In addition, for those purchasing homes in the mountains, there are a number of additional legal issues such as water rights, private water associations or wells and septic systems that need to be considered. 

     
Why do I need to be represented when I buy or sell a business?

Buying or selling a business is a major transaction, and it is important to have a commercially reasonable agreement in place in order to protect the interest of both purchaser and seller.  In addition, a well drafted set of documents will prevent misunderstandings between the parties and can save both the cost and the emotional distress of litigation.