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How to lower the cost of divorce

Sometimes, ending a marriage is necessary and the best course of action. However, regardless of circumstances, divorce is always expensive. California couples who decide to split often underestimate how big of an expense divorce actually is. For a traditional divorce, its not uncommon for the total cost to exceed $10,000. Here are a few ways to help reduce the cost of divorce.

Although its not typically thought of in this way, divorce is basically a financial transaction. It only makes sense to keep financial records organized. By keeping and organizing bank statements, tax returns and other financial records, those ending a marriage can save substantially on fees. Obtaining these records electronically will also save time as well as money.

Couples who decide to divorce often need to find the value of major possessions such as homes or vehicles so that they can decide the best course of action for these items. When possible, avoid paying for appraisals on these items and work to come to an agreement on values. Professional appraisals can be very costly. Most spouses will also have a lot of household items to split. Work together to divide these items instead of paying an attorney to fight for these things.

The divorce process is taxing and stressful for all involved. The best way to save money during this time is for spouses to collaborate and work together. Cooperation and preparation can definitely soften financial impact of this event. Those in California who have questions about any aspect of divorce could benefit by speaking with a legal representative. An experienced attorney can answer questions and provide much-needed guidance throughout this process.

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Law Office of Layla Summers
11755 Wilshire Boulevard
Suite 1250
Los Angeles, CA 90025

Phone: 424-276-0968
Phone: 424-276-0968
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