What factors contribute to the cost of divorce?The one immutable fact here is that there will be a cost to your divorce. While we’ve pointed out that no two divorces are alike, there are still a few factors that will impact that cost.
- Conflict. What is a divorce after all, if not a conflict? Its resolution is what makes the difference. Will there be a degree of discord that will hamper proceedings? Or will there be cooperation? So many key choices and decisions stand to be affected.
- Complexity. There can be a lot of moving parts to the divorce “machine”. What sort of details or intricacies will each of your respective lives bring to the equation? The complexities of your case must be sorted out by a capable divorce attorney before you can have an idea of what this will cost you.
- Location. What state or county do you live in? In this case, we are only talking about New Jersey. This state, it’s laws and rules, will have its own contributing factors just as any state in the union would.
- Who and how? Who will be handling your case? In other words, the attorney you hire will obviously have input when it comes to what your divorce will cost you. Furthermore, the divorce method or option you choose will make a big difference.
What does divorce cost WITHOUT an attorney?Individuals who choose to seek divorce without legal counsel are most likely hoping it will make the process inexpensive, easy and fast. What many learn, too late of course, is that those three words can be rather costly. Simple details tend to slip through the cracks without professional oversight. Those details are not cheap and could end up costing more to “fix” in the long run.
- Life insurance can act as security for child support obligations in a divorce. Failure to attend to this could lead to financial hardship should a parent die without life insurance.
- Terminology is the domain of an attorney. An attorney will know the difference between sole legal custody and joint legal custody. Should you not, the dramatic difference between the two types of custody will prove to be a major setback.
- Resuming your maiden name during divorce and everything is fine and dandy. Just try to do so after the divorce is over and strap in for more loss of time and money.