4 Ways You Can Reduce the Cost of Your Divorce

 Posted on December 00, 0000 in DuPage County divorce lawyer

Divorce is stressful for many reasons. Not only do you have various emotions running through your head, but you also have to deal with the financial aspect of the divorce. It has been estimated that a typical divorce can cost anywhere from $8,500 up to $100,000. The actual cost of your divorce will depend on a variety of factors, with some of the most influential factors being where you live, whether or not you have children, and your attorney’s hourly rate. With a price tag of at least a couple thousand dollars, it is not uncommon for some couples to have sticker shock when it comes to paying for their divorce. Fortunately, there are a few things you can do to reduce the cost of your Illinois divorce.

Figure Out Which Process You Want to Use

Before you even begin, you should know which type of divorce you want to use. Contrary to what many people may believe, traditional litigation is not the only way to get a divorce. You can also choose to go with a mediated divorce or a collaborative divorce. Each method of divorce has its advantages and disadvantages, but depending on your situation, a mediated or collaborative divorce may be able to save you both time and money.

Be Prepared With Organized Financial Records

Before you meet with your attorney to begin dividing your marital property, you should be sure you have all of your financial records organized and ready to go. Make sure your records are in order so your legal team can better understand your financial picture. Organizing your records yourself before a meeting saves you precious time for more important matters.

Be Realistic

Though it can be rather difficult for some people, you have to remember that you are not going to get everything you want in the divorce. Having realistic expectations can help you to prioritize your desires and pick and choose your battles. Divorces that are more conflicted tend to also be more expensive.

Contact a Geneva Divorce Lawyer

Divorce is stressful enough; you do not need the cost of your divorce to be another factor adding to your anxiety. Hiring a knowledgeable Kane County divorce attorney can help reduce the expense of your divorce. At the Law Office of Matthew M. Williams, P.C., we have the experience to help you finalize your divorce in a timely manner, saving you both time and money. Call our office today at 630-409-8184 to schedule a consultation.

Sources:

https://www.forbes.com/sites/nextavenue/2019/07/22/8-ways-to-lower-the-cost-of-a-divorce/#3eb38d0c4a31

https://www.moneytalksnews.com/slideshows/15-ways-to-save-money-on-divorce/?all

https://www.usatoday.com/story/money/2018/11/26/how-much-does-cost-get-divorce-most-expensive-states/38446243/