Top Expenses Of A Divorce

YOU NEED LAWYERS
There are all kinds of expenses that accompany a divorce, but surely the most egregious of them are lawyers and legal fees. By now, you have probably secured a lawyer and dropped a tidy wad of dough on their services. You should be aware that lawyers have a keen sense of knowing just how much money you have and they will think nothing of withdrawing from representing you as soon as they think they have bled you dry. It’s not fair but it’s how it works in the real world.

If you came into the business of divorce either unwillingly or unwittingly, there may be a period where you were trying to discover what was really going on in your marriage and that may have involved a private investigator. Private investigations can be extremely illuminating but they are not without cost. Even measures you can implement on your own can ring up some real expenses.

MEDIATION
Mediation can be a good thing particularly if it works to your benefit. You should not enter into mediation without a vision of what you expect to get out of it and that includes setting some goals ahead of time. Mediation is not without expense and you will discover that the hourly rate can be breathtaking, but the potential to save trouble down the line may maks it all worthwhile.

DIVISION OF PROPERTY
Some things do not lend to being divided in half and under such circumstances somebody wins and somebody loses. Having to sell your possessions by order of a judge most often means you are not going to get the value out of them you might expect. You will need to allocate some time to getting it all sorted out and if you need to advertise the sale of the property, you will need to budget that as well. Should you need to sell a house or a car, there will likely be commissions you will need to pay realtors and car brokers.

DISPLACEMENT OF DOMICILE
Chances are that one of you has been kicked out of the house and it’s probably you! You’re going to need a place to live as you transition back to the single life. It’s likely an unexpected but very real drain on your monthly outlay. Other monthly payments still need to be made and those include utilities, possibly on two places. Things like car payments, insurance premiums along with other bills will be ever present.

PSYCHOLOGICAL COUNSELING
It may not be the first thing on your mind but it may be to your advantage to get some pointers on the coping skills you will need to bring to bear to get through these bad times. A divorce can be a very life altering experience on par with someone having died, and you shouldn’t have to face it on your own without some professional advice.