Calculating the Average Cost of Divorce
The cost of divorce varies from location to location, but the biggest factor in determining the cost of divorce is the amount of dispute. Find out how assets and liabilities can be distributed after a divorce with help from a certified family mediator in this free video on family law and divorce.
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You and your spouse have recently discussed divorcing but in this economy you are concerned about the cost of the divorce and you're curious as to what is the average cost of divorce. Hello, I'm Robert Todd and I'm here to answer the question, what is the average cost of divorce. Well, there really isn't such an answer because it's going to depend on the state and locale in which you have been married and in which you are seeking a divorce. You're probably going to have to been a resident for a requisite number of months before you can consider filing for divorce in that locale and this varies from state to state. So you're going to have to check the laws of the state in which you have been living as husband and wife. But the biggest factor in determining the cost of divorce is the amount of dispute, the extent of the dispute between the parties. Obviously if the parties can agree upon how they're going to distribute their assets and liabilities, whether one party is going to provide support for a temporary period or a permanent period to the other party, who's going to take the children, who's going to pay child support and in what amount; if these matters can be resolved amicably the cost of the divorce can be diminished to a great extent. So remember the cost of the divorce is going to depend on the extent of the dispute between the parties. I'm Robert Todd and thank you for watching.