What Factors Can Affect the Cost of an Illinois Divorce?

 Posted on February 12,2020 in Family Law

When considering divorce, people are often concerned about two main points: the disruption that they and their children will experience in their lives and how much the divorce will cost. While one cannot overlook or discount the emotional pain that comes with the end of a marriage, financial issues can also be an important components of a divorce case. The costs involved in a divorce can vary significantly depending on the situation and the couple involved. Many circumstances, such as difficulties with the division of assets, can increase the overall cost of a divorce. Contentious divorces typically cost more than amicable ones. In short, couples who are concerned about the cost of divorce are encouraged to look for ways and opportunities to minimize their expenses.

Litigation Versus Negotiation

One of the biggest factors that can be controlled in a divorce is the choice to resolve issues as amicably as possible. Divorces that are litigated in the courtroom tend to be more costly than those that are negotiated, but even a mediated divorce can become quite pricey - especially if the negotiation process does not work out. However, in most cases, couples can reduce the costs of divorce by negotiating a settlement outside of the courtroom.

Dividing Marital Assets

During divorce, spouses must divide their assets and belongings according to what is considered “fair and equitable.” Of course, the idea of what is fair can be subjective. What one spouse might consider equitable may seem disproportionate to another - particularly if one spouse chose to stay home to care for the couple's children or suffered from health-related issues that kept them out of the workplace. This is just one example of why it is important to have an attorney who can protect your interests in the division of marital assets.

Dealing with Child-Related Matters

Child-related issues can quickly increase the cost of a divorce, especially if the parents have massively different ideas on how their children should be raised or the amount of time children should spend with each parent. Unfortunately, these disputes can not only increase the cost of a divorce, but they can also have a negative impact on a child’s development and well-being. Parents can reduce the overall costs of divorce and the negative effects on their children if they can agree to work together and establish a co-parenting relationship.

Reducing the Financial Impact

While cost should not be the main focus of your divorce, the choices you make during the divorce process can have a massive impact on your future. If you spend a significant amount of money on your divorce, you may be left with fewer financial resources once your divorce is complete. If you and your ex are looking to minimize the costs of your divorce, an experienced family law attorney can help you understand your options while ensuring that your rights and financial interests are protected.

Contact a Lombard Property Division Attorney

At Mevorah & Giglio Law Offices, we understand that each divorce case is unique, and we provide representation for clients from all backgrounds or income levels. Our DuPage County divorce lawyers can evaluate your situation and help you determine the best course of action that will help you maintain financial stability and be prepared for success following the end of your marriage. Schedule your free, personalized consultation by calling us today at 630-932-9100.