Thursday, September 13, 2018

Factors that Impact the Cost of a Divorce

Divorce is not only an emotionally strenuous time, it can be hard on your budget too. As your experienced divorce lawyer at the Lake of the Ozarks, we know the divorce process is impacted by a number of factors. While no two divorces are the same, we can offer some advice on what can drive up the cost of getting a divorce. Take a look below to learn what factors impact the cost AND what you can do to keep these expenses at bay.

Case Complexity

There are quite a few factors that can make a divorce complex. The most common factor is children. If you and your spouse have kids together, deciding the custody arrangement can take time and effort. Another factor that can increase the complexity of your case is if one of the spouses own a business. Complex community property is another factor that can impact the cost of a divorce. It can take energy to decide who is getting what when it comes to community property.

Length of Time

The main factor of the cost of a divorce is the amount of time each step takes. Your lawyer and your spouses' lawyer will both work on your case and likely charge by the hour. The amount of paperwork to compile and filter through will add to the amount of time required. If you don't get back with your lawyer in a timely fashion, it's another way your budget may increase. The amount of time required to prepare for your divorce can impact the total cost.

Conflict Level

If you and your spouse go back and forth trying to come to a settlement, it can draw out the process. Coming to a conclusion before you get into the heat of things can be beneficial for your divorce budget. It's best to be understanding and work with your lawyer and/or your spouse to get through the process with a low level of conflict.

While getting a divorce can impact your entire life, you can limit the financial impact of the process. By knowing WHAT causes a divorce bill to increase, you and your spouse can work together to keep the cost down. If you are thinking about getting a divorce, contact our Lake of the Ozarks lawyer today. Your first consultation with Gibbons Law Firm is free. Give us a call today to learn how we can help you through the divorce process.

Remember, your initial consultation with Gibbons Law Firm is always free.

Your Trusted Legal Resource

Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049
(573) 348-2211

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