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5 Things You Can Do To Save Money In Your Divorce |
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The divorce process can be an acrimonious and unpleasant time for all involved but it doesn’t have to be this way.
I am often asked by clients why the divorce process can be so expensive and what they can do in order to try and either limit their outlay for legal fees or ensure their costs remain proportionate to the issues in dispute. This is not always an easy task but I would certainly say that adopting the following basic principles will provide a good starting point:
1. Instruct the right lawyer.
There is undoubtedly a plethora of lawyers out there that specialise in this complex and fast-moving area of law, however, don’t be fooled by glossy brochures, TV advertisements, free initial appointments and impressive looking website graphics – do your homework. This is not necessarily about finding the most cost-efficient lawyer but finding one that ticks all the boxes.
It is crucial that you feel at ease with the person you instruct; somebody that will potentially become privy to very intimate and personal information about you and your family. Your legal advisor is there to provide honest and, sometimes, frank advice about the merits of your case. It is about providing advice that you can reasonably act upon rather than hearing what you may want to hear.
2. Distance yourself emotionally from the process.
All too often, spouses are at loggerheads with one another from the get go; whether this is because of the reason for the breakdown of the marriage, perceived greed or non-disclosure in relation to the finances. Either way (and as difficult as it is), there is very often little to be gained from entering into “tit for tat” correspondence. The focus should be on advancing the proceedings in a meaningful and proportionate manner, dealing with the fundamental issues that will potentially have a bearing on the division of the finances – typically income and capital needs.
3. Consider alternatives to litigation.
Contested Court proceedings need not be your primary route. Parties are encouraged to explore all areas of dispute resolution such as mediation, arbitration, collaboration and round-table meetings to narrow the issues and increase the chances of settling a case without Court intervention.
4. Act transparently and openly at all times.
You are under a continuing duty of full and frank disclosure. Failure to abide by this fundamental principle may very easily result in either protracted proceedings or, in the event that a claim has already been concluded, the re-opening of the proceedings themselves for non-disclosure.
5. Engage with the process.
Whether this is in the course of mediation or formal Court proceedings, deadlines will be set as the case progresses. A failure to take heed of these deadlines will only delay the conclusion of the case and could (in rare circumstances) result in the Court making an order for costs against you, particularly if your spouse is put to the cost of preparing for a hearing that is subsequently rendered ineffective.
At Seth Lovis & Co, we pride ourselves on being able to offer our clients a full range of legal services to cater for your every need. In the event that you are considering a divorce or are already in the midst of proceedings, please contact us today on (020) 7404 6565 or email: wnichols@sethlovis.co.uk and we will be happy to discuss your matter with you.
Written by Warren Nichols Solicitor. Visit www.sethlovis.co.uk for further information.
PHOTO CREDIT: PHILIP TAYLOR |
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