February 25th, 2008

Collaborative Divorce Can Save You Money

You’re probably still paying Christmas bills, and tax time is already rolling around. Money — and how to save it — is on everyone’s mind. Divorce is expensive and protracted litigation can increase costs exponentially, leaving you and your spouse with staggering legal bills to contend with as you as you each struggle to begin a new phase of life. While collaborative divorce is not necessarily cheap — a lot depends on the complexity of the issues and the number of meetings required to resolve them — it does allow you to exert better control over your divorce costs.

By choosing collaborative divorce, you and your spouse make a commitment to spending your resources on your family and not on a contentious legal battle. You make a conscious decision to place the needs and support of your children above petty — and legally expensive — battling with your spouse.

Most often, children whose parents divorce face a future with significantly less financial security that children from intact marriages. It simply costs more to maintain two households than one. Funds for school trips, enriching activities, and college are often limited or non-existent. Collaborative divorce allows you and your spouse to design a child support arrangement that meets the needs of your specific family. You do not have to contend with arbitrarily imposed court requirements, but can work together to provide your children with maximum financial stability.

Posted By Mike Mastracci | Post Date: Monday, February 25th, 2008 | Categories: Alternatives to Litigation, Child Support, Collaborative Family Law, Financial Costs and Issues