Though money problems can be a significant cause in a Massachusetts couple's decision to separate, ending a marriage does not necessarily mean that money issues will be resolved. In some cases, the costs associated with divorce can result in considerable financial issues. The amount that can accrue during proceedings differs greatly from couple to couple and from state to state, and therefore, an umbrella figure cannot be applied to the cost of divorce.
While some couples are able to mutually agree that their marriage should end and face an amicable process, other parties sometimes deal with stringent efforts to prolong the process by one or more individuals involved. In these cases, court costs can quickly accumulate and lead to a hefty bill associated with the divorce. Not only do court costs add up, but if third party assistance is needed for determining the worth of property, those services can also result in considerable fees.
Fortunately, there are ways that a couple may be able to reduce the amount of money spent on a divorce. As more time spent also means more money spent, some parties may be able to work together one last time in order to quickly come to agreements regarding separation issues. It is also important that agreements are fully understood the first time in order to avoid more court dates and added fees should issues due to misunderstanding later arise.
Financial issues surround many aspects of life, and divorce is no different. As there are several variables to take into account, Massachusetts couples considering divorce may wish to look into their state's laws regarding separation and its different processes in order to better estimate what their costs could be. If individuals are prepared for what costs could ensue, they may be able to better prioritize the aspects of their separation and make for a quicker process.
Source: The Washington Times, Which is more expensive, marriage or divorce?, Myra Fleischer, Sept. 30, 2013