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Family Law Blog

How to Keep the Cost of Divorce Low

Monday, June 22, 2020

It is not a highly advertised fact, but getting a divorce can be expensive. For some, they have the funds to draw things out and make sure they get their fair share. However, that is not the case for most of us. If both you and your ex-spouse aren't exactly flush with cash or assets, there are a few things to keep in mind if you are looking to keep the cost of divorce as low as possible.

Divorce Amicably

If you and your ex-spouse are willing to work out property division and child custody amicably in mediation, it will save you quite a bit. Not only is it cheaper to not have to get the court involved, but it is also much faster.

Share Documentation

Bank statements, retirement account, or anything else you have that is a financial document – share it. Nothing will slow down a divorce faster than dragging your feet presenting documents or even trying to hide assets. The longer you take, the longer you need to pay your lawyer. If it becomes apparent that someone is being unnecessarily malicious, they may even face punitive measures.

Don't Fight For Items Not Worth It

If you and your ex-spouse are having a disagreement over who gets the multi-million dollar mansion, then certainly fighting for it is worth it. However, fighting over who gets a set of DVDs or a potted plant isn't worth what you are paying your lawyer for. There are battles worth fighting and there are battles that aren't worth it. You should know firmly what you aren't willing to give up and assess if it is really important to fight for it or if it can be replaced over time.

Conclusion

Are you going through a divorce? We can help. Contact us today to see what Jamra & Jamra can do to help you keep your divorce fair, quick, and as affordable as possible.