3 Ways to Save Money on Your Divorce

Law Blog

Getting divorced can be an expensive endeavor, which is why it is wise to find ways to reduce the overall money that you spend on your divorce. With a divorce, you will have to put down a retainer for the lawyer, and you will be charged by the hour for the work that your divorce lawyer does until your retainer is exhausted, and then you will have to pay for any additional fees that are incurred.

If you want to avoid exhausting your retainer and having to pay more for your divorce attorney, you need to make sure that you are respecting your attorney's time and only using them for what you really need them for.

#1: Share the Truth

Don't mess around with your divorce attorney. You need to share the full truth of your situation with them. Do not hide any of your money or assets from your attorney. Sharing all of the information about your situation, the good and the bad, will allow your attorney to get to work on your case. Accurate information will enable your attorney not to waste their time and work more effectively for you.

#2: Don't Try to Get Even

Next, you can waste a lot of money and a lot of time trying to get even with your ex-spouse. Getting even with your ex-spouse can cost you a lot of money with your attorney. This is your chance to sever the financial and physical ties — don't be vindictive; that can cost you a lot of money. Focus on moving on, not getting even.

#3: Divide Personal Items on Your Own

You want to use your divorce attorney to focus on the great work that needs to be done, like figuring out how to divide significant assets, such as your home, savings, investments, and retirement. You shouldn't use your attorney to help you divide personal items. Sit down with your former spouse and work together to figure out who should get the couch or kitchen appliances. You can save a lot of money with your attorney by working with your former spouse to divide personal items instead of spending hundreds of dollars arguing over things that are not that valuable.

If you want to save money on your divorce, you will need to share the truth with your attorney so that your attorney can get to work on the logistics of your case. Don't try to get even with your spouse; work together as much as you can, so you can reduce the hours that your attorney works for you.

To learn more, contact a divorce attorney near you. 


27 August 2021