In a divorce, financial concerns can add tremendous stress to an already challenging situation. Ensuring that your divorce expenses do not skyrocket to levels you are unable to handle is important, not just for your own peace of mind but also for making sure you can focus on rebuilding your life once the divorce is finalized. Discuss with your lawyer different strategies to employ to manage costs effectively during this critical time.
Discuss Costs Early and Often
It is often said that one of the most effective ways to keep legal expenses in check is to have open conversations about costs with your attorney from the outset. Before officially embarking on your divorce proceedings, discuss your budget and any financial constraints you may have.
Divorce attorneys may provide an estimate of his or her fees and the typical costs involved in a divorce, allowing you to prepare accordingly. Also, try to get an understanding of billing structures – whether your lawyer charges hourly, offers flat rates, or works on a retainer basis – as this can help you track your expenses more clearly. Creating and sticking to a budget and discussing it regularly can help prevent unwelcome surprises as your case unfolds.