Divorce Basics - What is the Cost of an Illinois Divorce?
Divorce can be expensive in any state or situation, but the complexity, exact circumstances, and exact location of a divorce are all significant factors in determining the final price. In respect to location, one study recently determined which 10 states were the most expensive when it came to divorce costs.
Illinois, though not found on that list, has seen some high-profile divorce cases over the years. It also regularly processes simple divorce cases, where there are few assets and no children. How might these additional factors impact the cost of your Illinois divorce, and how can you avoid excessive fees and expenses during your case? The following explains.
In Respect to Divorce Costs, Complexity Usually Trumps Location
Location can be important in determining the overall cost of a divorce, but a better price indicator is the complexity of the case. Still, it is important to remember that even complex issues can be mitigated against. For example, high net worth divorces can be extremely costly, but parties can often save a significant amount of money if they divorce amicably and settle quickly. Cases involving children can become extremely complex, resulting in costly legal fees, or they can be peacefully negotiated. Interestingly enough, such methods are often child-focused, which can help to ensure the child’s best interest and bond with each parent are preserved.
Other complex issues that can increase the overall cost of your divorce include:
- Businesses, real estate, stocks, bonds, and other complex or difficult-to-value assets;
- Asset hiding or asset depreciation;
- Vengeful and resistant spouses; and
- Evidence to suggest that your spouse has/is abusing or neglecting your child(ren).
Tips for Reducing the Total Cost of Your Divorce
Parties who wish to reduce the cost of their divorce are encouraged to consider an alternative dispute resolution option, such as divorce mediation or arbitration. Such methods not only control divorce costs by encouraging compromise, but they also allow parties to avoid the cost of litigation (court fees, excessive attorney fees, etc.). Keep in mind, however, that there is one place where parties should never attempt to cut cost - and that is when searching for a divorce lawyer. Hiring a “budget lawyer” or forgoing legal representation altogether can actually lead to costly (and potentially irreversible) mistakes in your Illinois divorce case.
Contact Our Wheaton Divorce Lawyers
If you or someone you know is considering a divorce, contact Davi Law Group, LLC for skilled and experienced legal representation. Committed to ensuring our clients achieve the most favorable outcome, regardless of their situation, we take a personalized and compassionate approach to divorce. Call 630-580-6373 and schedule your consultation with our DuPage County divorce attorneys today to learn more.