Family Law Prof Blog

Editor: Margaret Ryznar
Indiana University
Robert H. McKinney School of Law

Sunday, July 23, 2017

Divorce Finance

From Forbes:

Divorce is never easy. It represents the end of a way of life you have known for years. Not only could a divorce wear you out emotionally, it could wear you out financially. Even the wealthiest may not have sufficient access to capital during a divorce. Assets could be frozen during the pendency of a divorce. Some turn to friends or family for capital but, for some, this is not an option and certainly it is not an easy ask.

Read more here.

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A divorce can be one of the most costly expense a person faces. The cost of a divorce can be mitigated if the parties have good counsel to intercede and deescalate the emotions that lead to an unnecessary divorce battle. Although there may be complicated issues implicated in a divorce, the cost of addressing those issues can be significantly decreased if both spouses work cooperatively to address those issues. So, what does a divorce cost. Well, it depends upon a lot of factors, including the temperament of the spouses and their attorneys.

Posted by: Chris Hildebrand | Jul 23, 2017 11:19:39 AM

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