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Get a Pre Nup
This will save you money if you ever get divorced.
Divorce Insurance
John Logan
Wedlock Insurance
Pay as little as $15.99 a month for a policy that will mature over time, and if you need it, the money will help cover your legal fees, the cost of moving out on your own or whatever you need.
"As much as we want our marriages to succeed, down the road things change so we want to make sure we protect ourselves," Logan says. "It is not a romantic idea but it's a realistic idea."
"The reality is that when you divorce your spouse gets half is not really true. The average loss of net worth is 77%. That's a lot higher than 50%."
And the burden is harder on women.
MEDIATION is the most common dispute resolution option; however, it is often misunderstood. Mediation allows you and your spouse to reach a fair settlement with the help of a third, neutral party called a mediator.
Mediators, who can be lawyers, mental health professionals, clergy, or other professionals trained in alternative dispute resolution techniques, help you and your spouse identify and resolve issues.
The most important thing to understand is that mediators cannot give either of you legal advice. They are not a substitute for having your own lawyer.
The mediator’s role is to help you and your spouse communicate and reach agreement while your lawyer’s role is to make sure your legal rights are protected.
Mediation is confidential, allows you and your spouse to make the decisions, and is less expensive than filing a lawsuit. You can reach a positive agreement that is more customized than the one you might receive from a judge.
In mediation, you are responsible for your attorney’s fees, as well as half of the mediator’s fees. In certain states, mediation is required by the court after a lawsuit has been filed.
Free Divorce Cost Calculator
So what is the REAL cost of divorce?
In terms of the financial costs of Divorce, we recommend you understand what the potential legal fees are for starters.
Next, figure out what the costs would be to split up the family assets. Family Law Software Divorce Calculators to generate a report. The report is then sent by e-mail to you. These online calculators are FREE.
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