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How can a collaborative divorce save you money?

On Behalf of | Aug 22, 2022 | Family Law |

Most people know that divorce can be expensive; what people do not always recognize, however, is that a contested divorce tends to be more costly than a collaborative divorce. When you have a contested divorce, no one can agree. You spend more time battling in court and spending money to defend yourselves than you would if you could come together for an agreement.

Not only does uncontested divorce harm you psychologically, but according to the U.S. News, it can also harm you financially.

Uncontested divorces allow you to take control of your finances

During a divorce, you can crunch finances with your ex. The two of you can look over your finances and determine how much money you have, which assets you have and how you can continue to live your lives with minimal interruption. You both have an opportunity to do your homework when it comes to figuring out income and expenses. When you know what you need, you can bargain and make a better deal with your spouse. Neither of you cares much about the other’s security during contested divorces.

Amicable divorce allows fairer deals

When you work with your ex, you can discuss what you believe is fair and what your spouse thinks should happen. You have time to talk and think about what you want and how you can agree with it. When you go to court, you have limited time in front of the judge. You cannot spend as much time as possible reasoning what you want and what you can part with for your spouse.

When you work together, you are less likely to spend excessive time in court, fighting over your finances. Likewise, you are more likely to feel a sense of closure at the end of the divorce.