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Saving Money
Separation and divorce
can be outrageously
expensive. A
litigated divorce, when each
person hires an attorney to
advocate for their interests,
averages $25,000, and cases
that actually go to court may run
many times higher than that.
A
collaborative divorce, in which
each person's attorney works
towards resolution with the
couple, and uses financial
advisors, coaches, and other
experts, will still cost $5,000
at the very least.
At
Family Mediation Services, the
average cost is
$2,000 ---for a complete
mediation for couples with custody
(parenting), financial, property,
as well as support issues.
The cost varies depending upon
many factors, including the
complexity of your situation, the
extent of agreement or
disagreement, and your willingness
to do the necessary
"homework."
This cost, which can be split
between the parties, includes all
the sessions and the writing
of a memorandum detailing your
precise agreement. One of the ways
Family Mediation Services keeps
the costs down for you is by
charging you only for in-person
session time, no fees for drafting
your memorandum or summarizing
financial information (with a
4 hour minimum of session time).
Even if, as recommended, attorneys
provide legal advice, review your
agreement, and use it as the basis
for a document written in legal
language, you will not be spending
a huge amount of your hard earned
money at a time when you can least
afford to do so. |
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