Ways To Save Money When Getting Divorced

Posted on: 4 August 2018

The average divorce costs around $15,500, which may seem like a lot of money. If you and your spouse agree to get divorced but do not have this much money to spend on it, there are ways you can reduce your costs. In fact, you could get divorced for very little money if you do not hire lawyers for help; however, this is really not a good way to handle a divorce. Without a lawyer, you will not have anyone to help you or give you advice. Because of this, you should hire a divorce lawyer, but you can take advantage of the following tips to help you save money on your divorce.

Use Mediation

There are ways to get divorced and use the same lawyer to handle the divorce, which means that each of you will not have to hire your own lawyers. This type of divorce is often settled through mediation, or it could be considered a collaborative divorce. This option offers a way to get divorced while saving money, and it primarily offers a way to save money because you are not paying two separate lawyers to handle the divorce. In order to use this type of method, you and your spouse must be somewhat agreeable, as the purpose is to discuss your situation with a third party and make decisions you are both happy with.

Agree with Each Other

The other key way to save money on a divorce is simply by being agreeable with each other. If you and your spouse are able to sit down and discuss everything together and come up with an agreement, you can save a great deal of money. With this option, you can write down your agreement, and each of you can give it to your own lawyer. The lawyers will talk to each other about it and will put everything in writing. After that, it can be presented to the judge, and the judge can approve it. Judges will typically approve divorce settlements if both parties agree to them and if there are no legal problems with the agreements.

The legal costs you pay for your divorce will be the costliest part of your divorce, but you can reduce these by following these tips. You may also want to find a lawyer that charges a flat fee for divorce cases instead of an hourly rate. To learn more, contact a divorce attorney in your city to schedule a visit.