Without a doubt, going through a divorce is one of the most challenging things to do. This situation can become even more stressful as your expenses begin to pile up. However, getting a divorce doesn’t need to be costly. There are countless ways to limit the cost of your divorce.
Avoid these mistakes to cut divorce costs
If you are trying to keep the cost of your divorce below a certain amount, it may be wise to avoid these mistakes:
- Arguing with your partner: Being uncooperative or having an uncooperative spouse can lead to an expensive divorce. Not being able to agree with one another may lead to higher attorney fees. In this situation, you might need an attorney to help you find some middle ground. The lawyer may need to work additional hours coming up with a contract that you both agree on. You and your partner can avoid all these extra costs if you can reach an agreement on your own.
- Fighting over custody: Being unable to agree on a custody schedule is one of the most expensive mistakes when going through a divorce. The court could get involved and find a solution that best fits the child’s needs. You may need to attend a court hearing to resolve the issue, which only adds to your expenses.
- Requiring third-party appraisals: If you and your spouse have complex and diverse marital assets, you may need the help of third-party professionals to appraise the value of your assets. This mistake may be more difficult to avoid, as it can be challenging to divide these items on your own. Agreeing on a fair settlement on your own can significantly cut the costs of your divorce.
Dealing with financial stress during a divorce is difficult. If you are feeling overwhelmed during the process or if you need added guidance, consider reaching out to an experienced family law attorney.