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3 Things to Consider Before Divorce: 1. The Financial Picture

Before you decide to divorce, consider if working on the marriage is cheaper than the process in which you are going to venture. Legal fees are certainly daunting and no divorce is going to be filed, negotiated and completed in less than 20 hours of legal time. Multiply this by your lawyer’s hourly rate and you are already talking about real money.

Let’s start at the beginning:

1. If there is a residence as part of the marital assets, unless there is an agreement as to its value, it will have to be appraised—another cost.

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