So you’ve decided to divorce, and aside from just being emotionally overwhelming, you also have to worry about legal and financial complexities. However, if you choose to divorce collaboratively, you can actually get out of your marriage with minimum expenses and save money!
Being able to save money is one of the most compelling reasons as to why Collaborative Divorce continues to gain popularity.
The Financial Benefits of Collaborative Divorce Include:
(1) No Court Costs – Spouses are able to work out their disputes and resolve their issues without having to go to court. Both parties are required to sign an agreement stating their intention to resolve all matters without going to court.
(2) Reductions in Lawyer Fees Associated with Going to Court – In a traditional divorce, you would be billed by your lawyer for the time that they spend attending hearings and other court appearances, which can add up very quickly. Also, if the court became too busy, your case may have to be postponed. Your lawyer would have to refresh and prepare each time before court, which would also add to your bill.
(3) No Need for Specialized Court Documents – With divorce litigation, there is a huge cost associated with preparing specialized formal documents that must conform to certain rules. The formal documents take time. More lawyer time = more money.
(4) Length of Time to Finalize the Divorce – Collaborative Divorce is completed much quicker than traditional divorces. This shorter overall process keeps more money in your pocket.
(5) Save Time Away from Work – Attending court and meeting with lawyers means lots of time away from work. Courts set dates with no regard to individual schedules or obligations, and people often have to use up their vacation days. There is much more flexibility in the Collaborative Divorce process, accommodating schedules of both parties.
(6) Childcare Costs – Collaborative Divorce helps you save money on childcare costs because you won’t have to take so much time meeting with lawyers or attending various court dates. With a more flexible schedule, it would also be easier for you to arrange childcare with friends or relatives.
In summary, any divorce is going to cost you money, but if you and your spouse can agree to resolve your disputes and separate amicably, you will both benefit from a time and financial aspect. Not to mention, you will be reducing the overall stress that divorce has on spouses and their families, and that is essentially priceless.
Call Clean Divorce today for a FREE 20-minute initial consultation. Rahul is a Collaborative Divorce lawyer in Vancouver and can answer all of your questions about Collaborative Divorce and Mediation, plus equip you with the information you need to make wise decisions for your life, your children, and your finances.