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The Affordable Divorce
“I want to get divorced, but I don’t want to spend a lot of money. What’s the best way to do it?” The great thing about divorce mediation is that it is one of those rare times when the cheaper option is also the better one. Using a mediator to get divorced is way less expensive than going to a lawyer. In divorce mediation, the couple meets with one person who helps them come to a fair agreement that both people can live with. Instead of each person hiring his/her own lawyer and paying high hourly rates for each meeting, each email, and each telephone call between the lawyers, the divorcing couple uses one mediator at a lower hourly rate to get the job done. Studies show that divorce through mediation can cost $7,500 from start to finish as compared to up to ten times that amount - $75,000 - when both husband and wife hire their own lawyers. But is cheaper better? In this case, it is. Divorce mediation is not only cheaper than litigation, it is also faster, more private - no public record in court, meetings are confidential - and better for the post-divorce relationship. Studies show that people are more likely to follow through on a plan that they helped to create. Moreover, mediators work to minimize family conflict which is better for the couple, and the children as well.
No question that divorce is an extra expense. But staying in an unhappy marriage has high costs as well. And saving money on the divorce process ensures that you will have more money afterwards to spend on your new life. So, before you write off divorce as something you can’t afford right now, consider divorce mediation.
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New Jersey is an equitable distribution state, meaning that the division of property in a divorce is to be done fairly, not necessarily equally. The court can take into consideration any factor it deems relevant when dividing property, but it must consider certain factors, such as how long the couple was married and the age and health of both spouses, the income or property brought to the marriage by each spouse, the standard of living that was achieved during the marriage, and the extent to which one spouse may have deferred career goals, among others.
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Your Right to Child Custody, Visitation & Support Cover Price: $ Your Price: $17.95 You Save: $7.00 "A Plain English Guide to Protecting Your Children" Author: Mary L. Boland, Attorney at Law
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