Tips On Ways To Saving Money On Your Divorce

There is a common joke that circulates quite often. If you give someone you do not like half of everything you have, you will save money when and if you divorce. Currently, the divorce rate is around 50%, so chances are that you or someone you know is going to get a divorce. The upside is that there are several practical ways that you can reduce the cost of divorce in example is one offered at www.liaisesolutions.com where they offer free mediation consultation.

Become A Private Investigator

It is likely that the only person other than your spouse that knows as much as your personal affairs are you. Do you suspect that your spouse is hiding money, assets or something else? Does your spouse mysteriously disappear every Wednesday night?

Look to see if you can find receipts or records left in the trash or around the house. Chances are you can at least begin to ask questions even if you do not yet know the answers.

Get A Value Of Your Home

You can contact a local realtor to get a value for your home, investment properties and vacation home. Realtors often do comps, also known as comparative valuations. This is a regular part of their business. You also have the option of hiring an appraiser who will provide you with a valuation for a fee.

Calculate Any Child Support If Applicable

If you share children with your spouse, you will need to be aware of the child support guidelines that are specific to your state. Although guidelines are not always the law, they do provide you with information about the court’s default position on the issue.

The schedules of support are based on the income of each spouse, and parenting schedules are based on the amount of time a child spends at each house (including nights), childcare and other expenses.

Do It Yourself (Pro Se)

This is an option that has become increasingly popular in states such as California. It is also an ideal option if the couple does not have any children or any assets. A DIY divorce can be completed in a relatively short period of time and you will be able to save time and money.

You can consult with legal aid agencies in your area to see if there is someone who can assist you with the paperwork. Remember that no matter how simple the process may be, it is still a legal process.

These are some of the ways that you can cut down on the cost of your divorce. By getting control of your financial situation, you can avoid some of the extra expenses.

Financial Adviser. Intrepid Traveler. I like long walks on the beach and baking cookies with the kebler elves.