By Lingxiao Li
Divorce is a major life change that can leave a person reeling. Suddenly being on your own to deal with issues such as money, children, career changes and downsizing the family home can seem overwhelming. The statistics was shown that 50% of all marriages in the America end in divorce. Besides the sadness and frustrations that are caused by divorce, how much do people need to pay to end their relationship? "Two divorce experts said the legal costs of an average divorce could range from $2,500 to $10,000. A contested divorce, however, can cost up to $100,000 in legal fees alone, if several large assets and children are involved" (Clark-ney). To avoid litigation is the single best way to reduce legal fees. “If the parties are willing to negotiate, compromise and agree, the costs can be reasonable. If they decide to litigate, the costs can be considerable,” “Keep emotions in check and work toward a respectful settlement seems can save some money." Ultimately, the price tag of a divorce is dependent almost entirely on the parties involved in their different cases.
Life is not all about money but life always reminds us how much it costs.
Wow, I never knew it could cost that much to get a divorce. - Michael Herscovici
ReplyDeleteYea, true. So people should be more careful and serious about who they want to be with.
ReplyDelete-Lingxiao Li
I have a friend that has been divorced for a few years now and he just finished writing his last alimony check for a grand total of $50,000! Should have listened to me the first time i told him she was trouble. - Zachary Pienkowski
ReplyDeleteWell, now he would know that, especially after he paid such expensive tuition. -Lingxiao
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