Divorce can be a traumatic experience emotionally, psychologically, and financially. Divorce can cost both parties thousands as the process progresses.
Here are some things they would like to share with regard to saving money during a divorce:
1. Make use of technology the right way. Be careful when you post text messages and photos on social media platforms while the divorce is ongoing to prevent problems. Search for helpful apps and online services such as It’s Over Easy, Our Family Wizard, and Coparenter to help you as you go through the process.
2. Select the right path. Take note that a lawyer can always point you to the right course, as long as you agree to it. Mediation, arbitration, or collaboration are options you can consider if you want to avoid a taxing court battle. Mediation is what lawyers like Morgan Stogsdill (partner in a Chicago law firm called Beermann) advocate. It is where an unbiased third party helps both parties through the issues to help them arrive at a resolution. Yet, Stogsdill acknowledges mediation’s futility at times. If mediation doesn’t work out, the lawyer should be ready to change tactics. In arbitration, the arbitrator makes the decisions. When it comes to collaboration, both parties create a common agreement. In this method, the parents can also share a financial neutral, a divorce coach or a financial expert during the process.
3. Disclose but always be fair. Reveal everything and do not hide assets because lying will only cause a lot of problems down the line. This is what Samantha Bley DeJean of Bley and Bley—a firm in San Francisco. She is Angelina Jolie’s lawyer for child custody in her divorce proceedings from Brad Pitt.
4. Spend your money wisely but if you need to talk to someone, choose another professional. Sadly, divorce lawyers are not therapists and according to Gabrielle Hartley, lawyer, author, and divorce coach, they are also more costly. A therapist only charges 120 USD to 250 USD an hour. Never complain to your lawyer because it will only cost you more hours.
5. Never hurry things up. Emotions can be volatile during a divorce, especially when it involves deceit or cheating. It is best to slow down the process so that emotions could heal gradually. Face and solve each issue as they come. A person who just thinks of winning often foreshadows problems.
It is not easy to go through a divorce. Most of the time, things can be aggravated even more by the financial setbacks of the process. May these tips be helpful in saving you some money as you fight for your emancipation and prepare for your family’s entry into its next phase.
Divorce Advice
Divorce can be a traumatic experience emotionally, psychologically, and financially. Divorce can cost both parties thousands as the process progresses.
Here are some things they would like to share with regard to saving money during a divorce:
1. Make use of technology the right way. Be careful when you post text messages and photos on social media platforms while the divorce is ongoing to prevent problems. Search for helpful apps and online services such as It’s Over Easy, Our Family Wizard, and Coparenter to help you as you go through the process.
2. Select the right path. Take note that a lawyer can always point you to the right course, as long as you agree to it. Mediation, arbitration, or collaboration are options you can consider if you want to avoid a taxing court battle. Mediation is what lawyers like Morgan Stogsdill (partner in a Chicago law firm called Beermann) advocate. It is where an unbiased third party helps both parties through the issues to help them arrive at a resolution. Yet, Stogsdill acknowledges mediation’s futility at times. If mediation doesn’t work out, the lawyer should be ready to change tactics. In arbitration, the arbitrator makes the decisions. When it comes to collaboration, both parties create a common agreement. In this method, the parents can also share a financial neutral, a divorce coach or a financial expert during the process.
3. Disclose but always be fair. Reveal everything and do not hide assets because lying will only cause a lot of problems down the line. This is what Samantha Bley DeJean of Bley and Bley—a firm in San Francisco. She is Angelina Jolie’s lawyer for child custody in her divorce proceedings from Brad Pitt.
4. Spend your money wisely but if you need to talk to someone, choose another professional. Sadly, divorce lawyers are not therapists and according to Gabrielle Hartley, lawyer, author, and divorce coach, they are also more costly. A therapist only charges 120 USD to 250 USD an hour. Never complain to your lawyer because it will only cost you more hours.
5. Never hurry things up. Emotions can be volatile during a divorce, especially when it involves deceit or cheating. It is best to slow down the process so that emotions could heal gradually. Face and solve each issue as they come. A person who just thinks of winning often foreshadows problems.
It is not easy to go through a divorce. Most of the time, things can be aggravated even more by the financial setbacks of the process. May these tips be helpful in saving you some money as you fight for your emancipation and prepare for your family’s entry into its next phase.