Tips To Save Money On Your Divorce

Tips For Saving Money On Your Divorce

As your attorney will charge you for all work he/she does on your case, there are several things you can do to keep your costs down:

1. Provide your attorney with organized copies of your financial and tax documents. This should include bank statements, 401(k) statements, pension documents, stocks, bonds, pay stubs etc.
2. Wait until you have several questions before calling your attorney. Because hourly rates are billed in increments of an hour, you will save money by asking several questions at one time.
3. Prepare a budget showing your actual income and expenses.
4. Pick your battles, i.e. don’t incur thousands of dollars in attorney fees fighting over a vase you received as a wedding gift that could be replaced for $20.00.
5. Have an open mind toward compromise. If you and your spouse can reach an agreement on a certain issue, you save money because it is one less thing your attorney will need to deal with.