Cheaper Divorce?
The one thing that you need to do in a divorce which is probably the hardest thing to do is to talk to each other. You need to resist the temptation of having lawyers doing your talking, this is only going to give them more of your money that you are going to wish that you had after all is said and done.
The clouds will pass and the anger will fade with time and you will probably still need to talk to each other in the future. It is hard, but learning, even at the end of the marriage to talk civilly will go along way towards keeping money in your pocket. After a divorce both parties can be reasonably assured that for the short term, that you are going to have less cash and arguing about it now is not going to help either of you later on.
The cost of the divorce is not the only thing that you need to be concerned with, make sure that you get all your financial cards in order. Ideally you should have it so that you have no mutual liabilities together, either finical or tax wise.
When you are splitting the joint assets try to think of the future value of the assets, some things will go up in value while others are destined to decline in value, like automobiles and motorcycles, with the exceptions of rare and vintage machines. Maybe take a little less in future growth assets, in exchange for giving up cash or deprecating assets when negotiating.
Mediators can save you a bunch of money and heartache as they are dispassionate on your situation and will see things with more clarity and offer some good solutions most times to get you over the hard parts.
Something a wise old negotiator told me was to make sure to write down all the things that you agree on as well as the things that you don’t you might find what looks to be insurmountable might only be 2 or 3 things that each can really sit down and say is being disagreeable on this worth thousands of dollars in attorneys fees?
There is always going to be a need for lawyers and figuring out when is always going to be tricky. Many attourneys will answer some questions for you for free to see if you do need there services, others might charge a small legal consultation fee. If you do need a lawyer, looking for a cheap one might actually cost you more money in the long run!
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This is not legal advice and should not be acted on as legal advice. This is general information for you to consider. If you have legal question get legal help from a licensed attorney or paralegal.
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This is not legal advice. We are not lawyers. If you have a question take it to a licensed attorney
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