Why The Cost Of Getting Divorced Is Always High. Or Is It?

Pinpointing the cost of a divorce can be difficult

When it comes to overall divorce numbers, there are statistically fewer divorces today than there were in the year 2001. According to the latest year of data available from the US Centers for Disease Control and Prevention (CDC), there are around 2.9 divorces per 1,000 Americans, compared to approximately 4 per 1,000 Americana in 2001.

When considering the cost of a divorce, we need to understand that this is very much a case-by-case basis. The overall cost of a divorce is going to depend on several factors including how long the process takes, how much you or your spouse disagree on the issues, and who you hire to help with your case.

What factors can raise the cost of divorce?

Some of the main factors that affect the overall cost of divorce include:

• Property division disputes: California is a community property state, which means that all of the marital property is presumed to be owned by each spouse equally – and it must be divided as equally as possible. This can result in significant disagreements between spouses, and these disagreements can lead to higher divorce costs.
• High asset divorces: Even if there is not a significant dispute about dividing property equally, when there are significant assets between a couple, dividing them can be complicated. High assets couples may need assistance from accountants and financial experts to properly ensure their assets are divided correctly.
• Child custody disputes: If there are minor children involved and there are disagreements over physical or legal custody issues, this could lead to a prolonged divorce battle.
• Longer marriages: The longer a marriage has lasted, the more likely a divorce is to be complicated. Longer marriages tend to mean that a couple’s lives and assets are more intertwined and harder to separate.

Please understand that the total cost of your divorce may not reach into uncomfortable spending levels. However, this is a major life change and could be a longer, more drawn out process.

Let our Westlake Village divorce attorneys help you today

If you are going through a divorce, you should speak to a qualified attorney about your case as soon as possible. At the Law Offices of Stephanie L. Mahdavi, we strive to ensure that our clients are treated fairly throughout the entire divorce process. When you need a divorce attorney in Westlake Village, you can contact us for a consultation of your case by clicking here or calling 805-379-4550.