How to Keep Your Divorce Costs Down
Family Law Lawyer
When you’re going through a divorce, there are too many stressors to count. To split from your spouse is one of the most difficult life events. To make matters worse, you are probably already stressed about your finances without your partner. How can you even contemplate a divorce? If you’re worried about money, then you aren’t alone. To go through with a divorce, however, does not mean that you have to break the bank. There are a number of factors that contribute to the cost of divorce. So, how can you minimize the costs?
Communicate with Your Partner
Communication is the key to an easier divorce. You need to be able to talk to your partner about the terms of your divorce. Which assets do you want to keep? Which assets does your partner want to keep? If the two of you are in agreement, it may be easier for you to set up terms without a lengthy court battle. In addition, you have to remember that you don’t want to fight your partner at every turn. Sometimes, you will have to compromise. This will keep the costs of your divorce down to a minimum.
Consider Mediation or Collaborative Practices
The more amicable the divorce, the less likely you are to spend a lot of money on lawyer fees and court costs. If you are dealing with a contested divorce or if you are at odds with your partner, chances are you are going to spend more money on a lawyer. Mediators can work with two partners to come to an amicable agreement about divorce. On the other hand, you can also choose collaborative practice. In collaborative practice, you and your spouse have a lawyer and all of you meet to talk about the terms of the divorce.
To go through a divorce does not have to break a bank. Divorces can become costly, especially if you are going through a contested divorce or have to fight through a lengthy court battle. If you can be amicable with your partner, however, you can cut the costs down. The less time that you spend fighting and the less time you spend in a courtroom, the less likely you are to have high costs. As you plan your divorce, it is crucial that you speak with a divorce lawyer, today.