Reducing The Financial Stress Of Divorce
There are many different things that can be stressful about divorce. One of the most common causes of stress is the financial impact on a family. Proceeding through the court system involves spending money on attorneys, which can add up very quickly. The average cost of a traditional divorce in the United States can be up to $15,000. When you add that to the increased costs of funding two households with the same income level, it can be an overwhelming prospect. However, you can find ways to minimize the financial impact of divorce. Divorce mediation is dramatically less expensive than litigation, reducing the financial and emotional stress of divorce.
Mediation is a highly effective and successful way to navigate
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Divorce mediation has quickly become the preferred method to settle the terms of your divorce, as courts have become difficult to schedule and the financial costs are high. In fact, in Minnesota, the court system actually encourages couples to try mediation before litigation. If you are beginning to think about divorce, you may have some questions about the divorce mediation process. Here are some of the most frequently asked questions about the process that might help you
Have you made the tough decision to move forward with a divorce? Have you decided to try mediation as a first step in hopes you can settle things without a stressful court battle? If so, you may be thinking about how best to prepare for the process to ensure you have the best possible chance for success. Here are some tips for making sure that your divorce mediation process is productive and successful
One of the most difficult parts of a divorce is the impact on children. Divorce is not their choice, and even though it might be the best decision for the entire family’s well-being, the transition can be extremely challenging. Here are some tips for helping your child (or children) cope with your divorce.
Divorce is something that is often thought about by couples for many months (or years) before any formal steps are taken to move forward. This may be for many reasons–you may not be ready to take these steps, you may not know what steps to even take, or you may be concerned about the financial impact and/or logistical issues ahead. If you think you are ready to learn more about the process, you might want to focus on
Divorce is expensive, there is simply no getting around that fact. In fact, for many couples, divorce can be financially devastating as they try to meet the financial needs of two households instead of one (with virtually the same level of income). There are some ways to lessen the financial burden on you and your family. Here are a few tips for saving money during your divorce: