Tips to Help You Save Money on a Divorce

saving money

 

In addition to emotional distress, divorce can end up costing you more than you can anticipate. When it becomes unavoidable, you can at least do certain things to try to keep the costs at a minimum.

Avoid Going to Trial

Even if there’s the slightest chance of working out the divorce amicably through mediation, opt for it. Going to trial could cost you thousands of dollars depending on the issues that you and your spouse are not agreeing to.

To save, work with a neutral mediator who can help you and your attorneys reach an agreement.  On the other hand, enter into an agreement with collaboratively trained attorneys where you agree to work toward a settlement without utilizing the court system.

Have Your Financial Records Ready

Much of the work of a divorce attorney is collecting financial records from their clients. You can make their job easier (and therefore reduce the billable hours), by amassing all the financial records yourself and organizing them by the categories your attorney suggests.

Your Emotional Issues Should be Brought to your Therapist

Call a therapist instead. They are trained for that purpose and they may have the solution for you.

While family law attorneys may be compassionate and understanding, they are not trained to solve people’s emotional issues.  Your attorney does need to hear what emotional struggles you are having, and the impact that may have on your divorce, however, your therapist is there to help you navigate your way through this difficult time.

Reach a Mutual Agreement on Shared Property Items

It’s not worth it to go to court for splitting small items in the household. Whenever possible, try to reach a mutual agreement with your soon-to-be ex-spouse on easily divisible household goods and furnishings.  It can get expensive to fight over the “stuff.”

Above are some essential tips to help you save on a divorce. Being emotionally distressed, we want the ordeal to pass as quickly as possible, but remember that during such a turbulent time, it’s easy to make a wrong decision.

By keeping these tips in mind, you can at least rest assured that you are doing everything you could to try and prevent the divorce from making a big dent in your wallet. Contact us to get connected to a reputable, trustworthy divorce attorney from whom you can get the right advice!