Handling the concept and idea of divorce is something that many people do not want to do when the time comes. Fortunately, the process has become a little bit easier and can oftentimes be much quicker than originally anticipated. However there are a number of things to think about when divorce is in play, and money is one of them. If you’re wondering how money might be affected by divorce, we answer some common questions below.
What Do I Pay For?
Depending on the situation, there may be a few charges for the process of divorce. This can sometimes include attorney fees, processing, paperwork and more. However, reaching a solution quickly in this situation yields a lower costs, and uncontested divorces can sometimes cost you as low as $1,000. If you’re concerned with what the other party in the situation might try to do, hire an attorney to streamline the process as best you can.
What Might I Lose
Depending on the type of documentation you have, there might be a split of bank balances and items when the divorce is being finalized. This includes money, tangible assets and more. To combat this, it’s always a good idea to have everything laid out in the beginning and, if applicable, have your bases covered for when the time comes to begin or move forward with the process.
Should you find yourself in a marital case and need the assistance of a lawyer, make sure you call one that specializes in the practice and can provide you with the insight necessary to get your case handled quickly, and in your favor.
Founded in 2000, Gaines, Novick, Ponzini, Cossu & Venditti, LLP brings together a group of highly qualified attorneys focused on serving the legal needs of individuals, businesses and municipalities throughout New York, Connecticut and the surrounding areas. For appellate cases, we have a number of attorneys that specialize in the specific fields you may be looking for.