Cutting Down on an Expensive Process
Divorce can be costly, and how much money you spend on your case depends on a number of different factors. Did you know, though, that you can actually reduce the overall cost of your divorce? Read on to learn ways you can save money.
Choose an Alternative Method of Resolving Your Case
Traditional litigation is not the only method of working through a divorce; there are alternatives to resolving issues that involve minimal time spent in court. Choosing mediation or arbitration, for example, as the means to resolving divorce issues can save a great deal of time in your case; that time saved, in turn, becomes money saved, as less time spent in court means lower attorney fees.
Agree Where You Can
While the relationship between you and your spouse may not always be pleasant during a divorce, you and your spouse should consider if you are able to work together to resolve any of your disputed issues, including child custody, child support, spousal support, and property division. An agreement on any of these important items means that there are fewer items that have to be resolved by the court. As mentioned above, less time in court can reduce your overall costs.
Analyze the Costs and Benefits of Asset Division
When working through property division, particularly when dividing personal property, it’s important to consider the costs and benefits of trying to obtain certain items. Your legal counsel should be able to give you a reasonable estimate of how complicated it will be to argue about various issues. It will then be your decision as to the cost of settling an issue, as opposed to continuing to fight about it.
Rely on Your Attorney
Keep in mind that your divorce or dissolution attorney should be your first source of information on all things about your divorce, including how to best spend your time and money. If you have questions about how to save money in a divorce versus what you should expect if you decide to fight for an issue that’s important to you, you should direct your questions toward your attorney.
At Friedman & Mirman Co., L.P.A., our team of experienced attorneys can help you achieve a solution that fits your budget. We can guide you through the process and help you make the decisions that meet your needs and goals. Learn more by calling us at (614) 412-3943 or by visiting us online.