Some people spend astronomical amounts on their wedding, but if the marriage falls apart, getting a divorce could cost even more. Between court fees, attorney fees and outside consultations, you could end up spending quite a lot on your divorce.
How much does a divorce really cost? Are there ways to save money?
What is the price of a divorce?
Many people do not consider all the smaller details that go into getting a divorce. There are many costs and factors that go into the grand total. First and foremost, you will need an experienced attorney to handle your case. However, there are other professionals you may need to pay and other fees you need to pay in order to successfully navigate your divorce. Since getting a divorce involves many decisions, you may need to hire various professionals to help evaluate your situation. Some of the costs that contribute to the overall price of a divorce are:
- Attorney fees
- Court fees
- Estate appraisers
- Tax advisors
- Child custody evaluators
- Mediator fees
- Filing fees
All of these costs can vary depending on your situation. However, the national average cost of getting a divorce is approximately $15,000.
How can you save money?
This is a hefty price, but there are a few ways you can reduce the overall cost. In general, uncontested divorce proceedings are less expensive than contested divorces. If you and your spouse can figure out how to come to an agreement with minimal or no negotiation or arguments, you may be able to reduce the overall cost of your divorce. Some of the elements you will need to consider and decide on in order to have an uncontested divorce are:
- Child custody (including visitation schedules)
- Child support
- Property division
- Asset division
If you and your spouse can figure out these factors without going to court, your fees will likely be substantially less.
Though you may be in a hurry to get your divorce over and done with, you will still want to carefully consider all factors and aspects of the process. You may be tempted by seemingly easy, do-it-yourself options or other quicker methods, but it is likely safer and more responsible to go through with the process the traditional way, though it will be more expensive.