
Third-Party Payor Addendum Bundle
When encountering a situation where a third-party, such as the father of the bride or a grandparent, wishes to cover the expenses for your client's services, it's crucial to navigate the arrangement with caution and clarity. Our Third-Party Payor Addendum Bundle provides the necessary legal framework to ensure smooth transactions and mitigate potential risks. Included in the bundle: Client Authorization Addendum: This addendum is utilized with the client to secure their authorization for a third-party payer to cover the expenses on their behalf. It clarifies the client's consent and provides transparency regarding the involvement of a third-party in the financial aspect of the contract. Third-Party Payer Agreement: This document is intended for use with the third-party payer, explaining their rights and responsibilities solely in their capacity as a payer, distinct from being a party to the original contract. It sets clear expectations and defines the legal parameters of their involvement, safeguarding both parties' interests. By incorporating these lawyer-drafted addendum documents into your agreements, you can establish clear expectations and define the legal roles of all parties involved. It's essential to proceed with caution when dealing with third-parties, as their involvement may entail additional rights and responsibilities under the contract. The average cost for lawyer drafting such comprehensive addendum documents typically amounts to $1,200. By opting for this bundle, you can save an average of $901 while ensuring that your transactions are legally sound and transparent for all parties involved.