Divorce is never an easy or simple process, but couples who are separating do have choices. For many couples, the cost of divorce will be a major concern. During this highly-emotional time, it can be difficult to understand the full impact of your decisions.
The professionals affiliated with Best Legal Choices understand how overwhelming the divorce process can be. We’re here to help you every step of the way. That’s why we’ve created this guide to help you better understand the true cost of litigation vs. collaborative divorce.
Cost of Litigation vs. Collaborative Divorce
When it comes to divorce, the costs can far exceed the monetary expense. When you consider the time lost and added stress, as well as the emotional and physiological impacts, there is a lot at stake. The method by which you choose to divorce can have a significant impact on both your financial and non-monetary costs.
It’s important to note that each situation is unique, with a wide variety of determining factors. It’s because of this that it’s nearly impossible to provide an accurate quote for the actual “cost” of the divorce. Here’s what you should know about the true cost of litigation vs. collaborative divorce.
Monetary Cost of Divorce
Certain filing fees and court costs are inevitable, regardless of how the divorce proceeds. The cost of litigation can be significantly higher compared to the collaborative process. The litigation process often involves many costly steps – filing motions, exchanging and responding to discovery, hiring expert witnesses, preparing for and attending hearings, etc.. The costs essentially double when attorneys represent both spouses focusing on litigation.
When you choose a collaborative process, you have more control over the cost of the divorce. Since this process keeps your divorce out of court, you won’t have to worry about incurring attorney’s fees for multiple court appearances. If your collaborative team includes a communication specialist or a financial expert, you and your spouse will have selected these professionals with an understanding of the value they add to the process.
Non-Monetary Cost of Divorce
Let’s face it – Divorce is never easy. Whether you’ve been fighting for years or have quietly grown apart, the emotional impacts of dissolving a marriage can be huge. This can be a complex process that can affect nearly every aspect of your life.
The litigation process is often filled with conflict and adversity. By its very nature, the adversarial system can exacerbate the painful emotions that led to the divorce in the first place.
When you choose a collaborative divorce, the spouses have the added benefit of a structured process. This creates a safe and neutral environment. The spouses are encouraged to openly discuss issues and points of contention to find an amicable resolution. The collaborative process allows couples to minimize the emotional costs of divorce, especially when there are children involved.
Separating spouses who choose the collaborative process can create a customized plan that can suit specific needs. When it comes to property, child-related, and financial agreements, it’s better to reach agreements between yourselves. Otherwise, a judge will decide for you using standards that may not meet the needs of you and your family.
You’ll also have access to a variety of industry-specific professionals who can help you along the way. This includes financial advisors, mental health professionals, and more. This helps to pave the way for a healthier, amicable relationship in the future.
If you’d like to learn more about the collaborative process, contact the professionals at Best Legal Choices.