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Why a collaborative divorce may save you money

On Behalf of | Jan 7, 2022 | Divorce

A Florida divorce may cost you quite a bit of money, but it does not have to be this way in all cases. You also have at least some degree of control over how much your split ultimately costs you, and there are certain things you might do so that it becomes less of a financial burden.

According to U.S. News and World Report, a collaborative divorce may be one way for you and your ex to both save a considerable amount of money during your split. This type of divorce may not suit everyone. However, if you are ending your marriage because the relationship between you changed, and not because someone cheated or otherwise broke the other party’s trust, it may prove worth considering.

How collaborative divorce works

In a collaborative divorce, you and your ex sort through the same matters you would in a litigated divorce, such as asset division, child custody and so on, without actually going to court. Sometimes, you may use lawyers throughout the collaborative divorce. In other cases, you may need them only at the end of such a divorce.

How collaborative divorce saves money

A collaborative divorce tends to be less adversarial than a courtroom one, and this has the potential to save you quite a bit of money. Attorney fees are often a major expense during divorce, but because you use attorneys so much less in this type of split, your attorney-related expenses may be much lower. You also do not have to pay court fees when you end your marriage in this manner.

While collaborative divorce may save you both money, it may also help you maintain a cordial, or even friendly, relationship between you. This may prove beneficial if you must co-parent with one another moving forward.

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