Save On Legal Expenses When You Plan Ahead
Mentioning to a table of close friends that you are moving toward a divorce in Pennsylvania or New Jersey could result in a range of responses. If some of your friends have gone through the process themselves in the past, it is likely one or more of them will share with you that the divorce process can be expensive.
Divorce is stressful, and financial worries could fuel your anxieties, but there are ways to lower your expenses and secure the future you are hoping for once your divorce is finalized. Speaking with a Bucks County family attorney is a proactive step to learning about shielding yourself from financial harm and protecting your monetary security into the future. For example, planning ahead and projecting your household budget into the coming months and years could give you peace of mind.
Ask About What You Should Bring to Each Meeting
There is a lot of data that needs to be collected and reviewed during a divorce. For example, bank statements, credit reports, income statements, tax returns, and debts need to be assessed in order for a fair distribution of assets and financial obligations to be established.
Beginning with your first lawyer meeting, ask what documentation you should be gathering and sharing with them for review. Continue this practice with each subsequent meeting to save time, resulting in fewer billable hours. Keeping a list of things to do and updating it regularly can help you keep track of things you need to gather and what your attorney is working on between meetings, so you can inquire about what progress has been made when you connect with your legal team next.
Talk Through Complexities and Timelines
While the fastest way to a divorce agreement is typically possible when both parties are open to negotiation, for many couples there are roadblocks and areas of dispute along the way. When you share with attorneys areas you believe will be contentious, such as child custody or property division, they are able to prepare for any pushback. Then they will be ready to pivot their negotiation tactics, if needed.
Letting your Bucks County family attorney know what timeline you are hoping for can also be beneficial as it could affect the final cost of your divorce. Complex, high-conflict divorces often lead to increased costs. When your lawyer is familiar with your hopes for the future, including your goals and your timeline, they will share avenues forward with you.
Could you use guidance on how to keep legal costs down as you prepare for a divorce? Financial concerns are common when a person is dissolving a marriage, but there are steps you can take to shield yourself from ongoing monetary stress. To learn about what is possible for you, including discussing asset and debt division scenarios, connect with the legal team at Kardos, Rickles & Hand. Attorneys with extensive family law experience can boost your financial health moving forward. To get started, schedule your no-cost consultation today. Call 215-968-6602 to book your initial meeting.