Particularly if you are heading into a divorce with considerable assets in tow, the end cost of the procedure is of concern. It is possible for divorces to cost hundreds of thousands of dollars, depending.
However, there are ways to ensure that the process is quicker and cheaper. According to Forbes Magazine, having your assets in order prior to filing for divorce can save you a ton of money.
Why do my assets need to be in order?
Divorce is, primarily, about finances. Think about it: the most commonly contested aspects of divorce involve child custody, division of property, and alimony. All of these are directly related to financial standing.
Divorce lawyers actually spend much more time getting their clients’ finances in order as compared to going through the actual divorce process. If you come into the process with your assets all organized, not only will the divorce proceed much faster, it will save a lot of money.
How else can I save?
In a legal sense, divorce is about money, but divorce is also very emotionally taxing a lot of the time. Many clients call their lawyers to vent about personal problems. However, this can end up costing a lot of money. Most lawyers work under the billable hours system, so the more time you spend with them on the phone, the more expensive the process gets.
It is best to communicate with your lawyer over email, as this will require less time for your lawyer to respond. While there are definitely some instances where a phone call makes more sense, you want to minimize this as much as possible.