July 10, 2007
Financial Options in Divorce
According to reports, close to 50 percent of marriages in the United States end in divorce.
For couples going through an already emotionally straining process, the financial burdens can oftentimes have a negative impact as well.
However, as the number of divorces continues to increase, so do the options for how couples want to go about the divorce process. And those options are often less expensive than the traditional full-blown court battles of times past.
The online divorce is a way for couples to get through their divorce in a fast and cost efficient manner.
Online divorce sites commonly offer document-preparation services; however, these sites do not offer the legal counseling and guidance that couples who are in disagreement often need.
This cutting-edge approach is becoming the most desired with couples going through a divorce.
In the collaborative law approach, the couple and their divorce attorneys sign agreements that they will settle the case without litigation, placing an emphasis on collaboration, not combat.
With collaborative law the divorce can be finalized within four short meetings and the cost tends to be lower than traditional divorce.
Mediated Divorce
With a mediated divorce, the couple, with the help of a mediator, discusses all financial and custodial issues before writing a memorandum of understanding.
In most cases, the option of the mediated divorce has also proved to be economically and emotionally beneficial.
(Source: ABC News)
Going through a divorce? Please contact us to schedule a FREE, private consultation with an experienced divorce attorney.