The Costs of Divorce

The wedding business is a multi-billion dollar industry with the average wedding costing tens of thousands of dollars.  What couples don't consider when they take the plunge is that they may wind up spending as much, if not more, on their divorce.  Annual divorce costs in the U.S. exceed $30 billion dollars with the average divorce costing around $20,000.  This figure may be much higher or lower depending on the state you are in and whether the matter is contested or mediated.  Contested divorces tend to cost more especially when child support and custody must be decided, assets must be divided, and alimony must be determined.

If you hire an attorney to handle your divorce, which is always a good idea when dealing with difficult legal matters, there will be additional costs.  Attorneys may either charge a flat fee or an hourly rate.  Most attorneys request a retainer that is then deducted from the total cost. 

There may be other costs in addition to legal fees such as filing fees, copies, mileage, faxing, service of papers, postage, etc.  If the matter is contested and goes to trial there will also be added fees for temporary orders, discovery, witnesses, investigators, and experts.  These costs can add several thousand more dollars to the total cost of a divorce depending on the circumstances of the particular dispute. 

 Bottom line, divorce ain't cheap.  It can be both financially and emotionally draining.  Your best bet is to preserve your marriage.  If the time comes when divorce is the only option, strive for an amicable separation.  This is the ideal scenario and it is rare.  If you find yourself facing a messy divorce be strong, be patient, and find an attorney you trust who will earnestly fight on your behalf.