February 7, 2020
February 7, 2020
Many financial issues could arise when you end your marriage. Once you decide to seek a divorce, the question of how much does a divorce cost in Indiana naturally comes up. Because every divorce possesses its own unique set of variables, Indiana divorce lawyers cannot provide an immediate response to this common question. The final answer depends significantly on whether the splitting spouses can agree on terms and the financial size and complexity of the marital estate.
An uncontested divorce occurs when both parties are in agreement on all aspects of the divorce settlement. This is very much the ideal scenario, especially when it comes to controlling cost. A straightforward divorce between two agreeable parties generally costs between $2,000 and $3,500.
Additional Legal Services
Divorce costs rise in proportion to the number of legal services needed. Two former spouses who must divide retirement accounts, like a 401(k) plan, will need to complete specific paperwork to manage distributions from retirement savings accounts and pensions. A divorce settlement that shifts property ownership between the parties will need deed transfer documents completed.
High-asset couples frequently have business assets that require division. Depending on the circumstances, a high-asset divorce could cost tens of thousands of dollars. Business valuation can become a sticking point between former spouses. Even if a dispute does not lead to litigation, the services of business consultants might be needed to establish a business’s value. Business resolutions to make a business buyout official produce extra legal paperwork as well.
Child Custody Disputes
When parents cannot come to terms regarding parenting time or custody, then a court may have to intervene. This means more hearings and court fees, which add to your expenses.
At Webster & Garino, we can estimate how much does a divorce cost in Indiana in your particular case. Contact our office today to learn about the divorce process and your rights.
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