How can I save money on my divorce?

How can I save money on my divorce?

| Dec 6, 2020 | Firm News

If you are heading toward divorce, you have a multitude of concerns: finances are likely to be one of them. Divorce can be extremely expensive. Many people focus on the expenses associated with potential child support payments and alimony; however, divorce itself can end up costing a lot of money on its own. 

Fortunately, there exist multiple ways to save money on your divorce. According to Debt.com, you should always do as much legwork on your own as possible and keep in mind the literal cash value of your lawyer’s time when communicating with them. 

What sort of legwork should I be doing?

To be clear, nobody expects you to take on the burden of writing legal briefs or anything directly associated with the legal process. That is, of course, what you are paying your attorney to take care of. 

However, a lot of money spent on divorce is on paying lawyers to do comparatively menial research. At its heart, divorce is a financial lawsuit. This means that your lawyer is going to need information on all of your assets. It is just as possible for you to deliver bank statements to your lawyer as compared to paying your lawyer to look them up. This can save you a lot of money. 

What about communicating?

Divorce is an emotionally stressful time. Most people who go through it need additional emotional support. However, your lawyer is not a psychologist. Many people make the mistake of calling your lawyer and taking up hours of time on the phone complaining about their ex-spouse. This can end up being very expensive.