How Much Does It Cost To Get A Divorce
Getting a divorce is not an easy decision. The emotional aspect of a divorce alone can really take over during the decision-making process. Add this up to the financial matters of a divorce, everyone can really have great difficulty over pushing through with such decision.
Before you decide on getting a divorce, understand that this endeavor is not cheap. It can go even higher than what you have initially calculated it for. Here, read on and find out all costs involved when getting a divorce.
Typical Cost Of A Divorce
The cost of a divorce is usually dependent on what kind of divorce is taking place. A simple or uncontested divorce can cost from $1,000 to $10,000.
A contested divorce, on the other hand, can start from $8,000 to $100,000 or even higher.
Included In The Price Of A Divorce
For a simple divorce, the price includes legal fees and disbursements. An uncontested divorce is an undefended divorce where there is no corollary relief claimed such as property support, custody matters, and other related matters.
A contested divorce, on the other hand, includes professional fees for the lawyer and accountant, court proceedings, and the preparation of all divorce-related documents. Take a look at the six stages of a complete contested divorce proceeding and how much each stage will cost you. Lawyer fees are calculated at $275 per hour, which is the average rate of lawyers per hour. On the other hand, accountant fees are calculated at $250 per hour.
**STAGE** |
**Inclusions** |
**Cost** |
Pleadings | - Preparation and filing of the petition for divorce or statement of claim/statement of defense - Lawyer (1-15 hours per pleading) - Accountant (1-3 hours per pleading) | $525 - $4,875 |
Financial Statements | - Preparation of actual and budgeted costs of living - Documentation of weekly and monthly budgeted income (employment and investment income) - Listing of all assets and liabilities from the date of marriage until the date of marriage breakdown - Valuation of business - Accountant (1-25 hours) - Lawyer (1-5 hours) | $3,525 - $42,625 |
Motions | - Preparation of documents/affidavits (lawyer: 3 to 20 hours) - Arguing motion in court (lawyer: 1-15 hours) | $1,100 - $11,625 |
Examinations | - Preparation for examination such as reviewing the other side's financial statement and preparing a list of questions (lawyer: 1 to 25 hours) - Cross-examination (lawyer 1/2 to 8 hours) - Accountant (2 to 8 hours) | $912.50 - $11,075 |
Case Conference | - Lawyer's preparation - Settlement of the dispute - Court fees | $1,075 - $7,275 |
Trial | - Preparation (lawyer: one to two days) - Assistance of the accountant in preparing financial details and discussing strategy (accountant: minimum of one day) - Court time (2 hours to 3 weeks) | $1,050 - $55,125 |
**TOTAL** | - All fees (lawyer, accountant, court, documentation) | **$8,187 - $132,600** |