Tips For Saving Money During Your Divorce
Posted on: 8 November 2021
Are you getting a divorce soon, but worried about how much money it is going to cost you? If so, it will help to follow these tips that will make it more affordable.
Limit Time In Discovery
One cost of a divorce that can add up quickly is the time spent in discovery. This is when both spouses request documents from each other, such as financial documents for bank accounts and retirement accounts. The time your lawyers spend contacting the other person about requesting documents is going to add to your billable hours. Agree to work together to limit the amount of time spent during discovery requesting these documents. Delaying things is only going to cost you more money in the end and not do anyone any good since you need those documents to move forward.
Avoid Drama When Lawyers Are Involved
While a divorce can cause a lot of drama, it's important to put that to the side when you have your lawyers involved. It is not the time or place to bring in personal matters with your spouse when going through mediation and dealing with legal matters. Keep the interactions with the lawyer strictly to the legal issues that need to be handled.
In addition, it's understandable that you'll have personal issues that you need to work out during a divorce. However, your lawyer is not the person to speak to about them. Not only is a lawyer going to have a more expensive hourly rate than a therapist, but your lawyer is not able to help deal with those problems with you. Save your vent sessions for therapy to help cut down on the legal costs of a divorce.
Try To Stay Within Mediation
The best way to save money on a divorce is to prevent it from going to trial. Your goal will be to keep things in mediation for every issue. Know that a trial is going to be much more expensive than mediation, and it may be worth settling resolving issues in mediation because of this. Unless it is an issue you are very passionate about that you are having a disagreement on, such as child custody, know that there is a cost associated with everything that needs to be settled in a courtroom setting.
Reach out to divorce lawyers in your area if you want more tips on how to keep the cost of getting a divorce low.
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