5/7/11

Why Are Divorces So Costly?

The legal fees involved in divorce are expensive. Couples going through a divorce are often angry with each other, and many go through the divorce process using a lawyer. Legal details of divorce cases can be meticulous, thus significantly increasing the cost.



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  • Legal Fees

    • Legal fees are the top cost in a divorce because they can be hundreds of dollars per hour. The more a couple argues over the details of the divorce settlement while using lawyers to communicate, the higher the cost of the divorce.

    Time Is Money

    • A complex divorce, including asset and custody battles, can take hundreds of hours to complete. According to Canadian Lawyer Magazine, an uncontested divorce can cost under $2,000, whereas a contested divorces can cost about $18,000, not including the separation agreement or child custody agreement.

    Saving Money on a Divorce

    • One of the best ways to save money is to not use a lawyer. Try to work out the details of the divorce yourself, and use a mediator to settle any disputes. This not only saves money but can also help alleviate the anger and bitterness that can come with a protracted battle.

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