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What price divorce?
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: I just returned from an
initial meeting with a divorce attorney who estimated the cost of my
divorce will be $50,000 to $60,000. I am in shock. It seems terribly
unfair that if I don't come up with this money I might lose my children
or my house.
A: While an increasing number of
divorces do cost more than $50,000, many more are resolved at less than
$10,000. To keep legal expenses in check, you might try isolating key
issues and having your attorney address these first. Once these are
resolved, you might find that you and your ex-spouse will be able to
negotiate the remaining issues yourselves. It makes no sense to
exchange the pressures of an unhappy marriage into the pressures of
financial stress.
Summary
More resources:
Article: "Peaceful Divorce Strategies"
