can you save money during divorce

How to Save Money on Divorce

Goldberg Jones Divorce 2 Comments

With the average cost of divorce in the United States somewhere between $10,000 and $20,000 it can be daunting to think about the financial aspects of dissolving your marriage. Fortunately for most people there are things that can be done to save money on divorce.

Knowledge is power—and educating yourself on your rights, and how your circumstances will affect your case, is an essential first step in the divorce process. Understanding how your unique situation will affect your divorce will help you prioritize and craft your strategy. Additionally, understanding how the divorce process functions will enable you to do some of the work yourself.

Working with your attorney to determine what you can do yourself and what requires the expertise of your lawyer will make sure your case makes efficient and affordable progress. It is imperative that you work in tandem with your attorney, as adhering to deadlines and following protocol are very important for producing the most favorable outcome possible.

Organization is an often overlooked, yet effective way to minimize costs during divorce. Having important documents accessible and logically arranged will reduce the amount of clerical work your attorney has to do, thus saving you money. Too often people will bring in piles, or even boxes, of documents and their attorney has to go through and organize everything.

Being (or getting) organized can be difficult in the midst of a divorce. It can be overwhelming to have to comb through financial statements, tax returns, etc. while dealing with the stress and emotions that are common for people in the process of ending their marriage.

Not everyone has the time or the patience to get documents in order. For those that want to hand off that task, it is advisable to hire a temporary personal assistant instead of having your attorney do the same work at a much higher price. The cost of a personal assistant, on average, is around $20-$50 an hour. Compare that to the $200-$400 per hour that is common for a divorce lawyer and the savings are significant.

Going into the divorce with a clear set of priorities will help you pick your battles. The more a couple fights, and the more contentious the divorce, the greater the final cost. Unfortunately it is a common scenario for couples to spend thousands of dollars fighting over an item that could easily be replaced new for a fraction of the cost of lawyer and court fees.

If you are trying to save money, remember that honesty is the best policy. It is a costly mistake to withhold information from your attorney or to be untruthful about your circumstances. If your divorce lawyer has all the information from the beginning, they can create an effective strategy for achieving your goals. Information that is withheld or untruthful can undermine that strategy and force your attorney to change course in the middle of your case, which could cost you thousands of dollars.

Finally, don’t use your attorney as a therapist. It can be easy to lean on your attorney for emotional support, but this can be expensive and less effective than working with a mental health professional. Seeking emotional support from friends, family or a professional will provide a network of encouragement that will help you navigate the emotional challenges of your divorce at a fraction of the cost of your attorney.

Credit: 401(K) 2013

Comments 2

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      Author

      Hi Delsio! Thanks for reaching out. I passed your information along to our managing attorney, Ken Alan, and he should be in touch shortly to get more details and let you know what options you have.

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