What Factors Could Affect the Cost of My Illinois Divorce?

 Posted on September 03,2020 in Divorce

Nobody ever plans to get a divorce when they get married. Couples typically do not go through the trouble of planning a wedding and shelling out the big bucks just to get a divorce a few years later. For many people, getting a divorce would put a huge strain on their finances, so naturally, their first question is often, “How much will the divorce cost?” The answer to that question is almost impossible to obtain until you have almost completed or finalized the divorce process. There are various costs associated with getting a divorce and many of them are dependent on how things progress during the divorce process. An experienced Illinois divorce attorney would be able to explain your legal options to you.

Factors That Influence Divorce Expenses

Many things could affect the cost of a divorce. For the most part, however, the cost of getting a divorce typically ranges from thousands of dollars ($2,000-$3,000) to upward of tens of thousands of dollars ($20,000-$30,000). Some couples, however, can see their divorce price tag skyrocket to hundreds of thousands of dollars or even millions if there are extensive assets.

Some of the costs associated with your divorce are going to be non-negotiable, such as court costs and filing fees. However, most of the other factors associated with the cost of your divorce are in your control, such as the following:

• Method of Divorce: One of the most basic factors that will affect the cost of your divorce is the type of divorce you get or the method you choose to obtain a divorce. For example, a do-it-yourself divorce is probably going to be the cheapest option at around $300-$400, but you lose the major benefit of a trained attorney on your side. A collaborative divorce, on the other hand, is going to be on the more expensive side because there are multiple professionals involved in the process, such as an attorney, a divorce coach, a child custody evaluator, a financial appraiser, and others.

• Whether or Not You Have Children: This is another basic factor that will affect the cost of your divorce. Obviously, if you have children, the cost of your divorce will be higher than the cost of a divorce of a couple without children. This is simply because there are more issues to address when children are involved.

• Level of Cooperation: This factor is almost completely in you and your soon-to-be ex’s control. A divorce between two people who are willing to work together and cooperate with one another is likely going to cost less than a divorce that involves a contentious couple who fights over every little thing. If you take your case to trial, you can almost guarantee your divorce will be expensive.

Contact a DuPage County Divorce Lawyer Today

Although there are many costs associated with a divorce, it is important that you do not choose the lowest-cost option for money’s sake. At the Law Office of Ronald L. Hendrix, P.C., we understand the financial uncertainty a divorce can cause. Our knowledgeable Bolingbrook divorce attorneys will fight to protect your best interests every step of the way and help you prepare for financial success for life after your divorce. To schedule a free consultation, call our office today at 630-355-7776.

Source:

https://www.moneycrashers.com/divorce-costs-types/https://www.businessinsider.com/average-cost-divorce-getting-divorced-us-2019-7#make-sure-you-have-all-the-available-financial-information-and-arm-yourself-with-a-financially-knowledgeable-team-6