There’s one factor that is involved in basically every divorce, and that is finances. It is simply inseparable from the process of divorce, and the financial factors involved in any divorce will loom large over most proceedings. You have to be prepared for this element in your divorce otherwise you risk losing a great deal — and becoming angry or upset in the process, thus potentially causing more delays and more litigation between you are your spouse.
So how can you get a handle on the financial side of your divorce, and how can you save your current finances while going through the divorce?
First of all, you should make a list of priorities for yourself in the divorce. Have an idea of what you want to get from the divorce and what you can deal with losing out on. For example, do you really need to argue with your spouse over that couch or end table? Probably not. Letting some of these material things go without incident can be beneficial as you spare yourself costly arguments and give yourself more time to tackle the issues you really care about.
Secondly, respond as soon as possible to correspondence relating to your divorce. Don’t procrastinate or bury your head in the sand if you get letters from the court, your attorney or your spouse’s attorney. If you are proactive about things, you will have less headaches down the line.
Last but not least, make sure you find the right attorney for you. Just because an attorney charges the most doesn’t mean he or she is the best for you. Take your time to get set up with the perfect attorney for you.
Source: Huffington Post, “10 Ways to Help Cap the Cost of Divorce,” Janice Billman, Jan. 17, 2015