Are you going through the divorce process and are worried about costs? Read about monetary divorce questions here, then call our lawyers now.
1) What are Division of Assets?
Because New Jersey is an equitable distribution state, anything you and your spouse acquire during the marriage can be split in half.
2) Can I Require My Spouse to Pay the Legal Fees?
When one spouse doesn’t have the means to afford an experienced New Jersey Divorce Lawyer, and the other spouse has more than adequate means to do so, you can file a complaint for divorce and seek attorney fees from the other spouse.This depends on the intricacy of the divorce and the gap in income between the spouses. There are additional factors that can also be involved, but there are many instances in which one spouse can obtain either the entire attorney fees or partial attorney fees from the other spouse.
3) What is the Cost of Divorce?
The cost of divorce in New Jersey varies, so it is almost impossible to provide an exact price, unless the divorce is uncontested and there are no assets, no children, and no issues.
A divorce with high assets, home ownership, or children doesn’t necessarily have to be expensive if the parties can come to an agreement in the beginning stages, or even before they get divorced.
The cost of an uncontested divorce in New Jersey will typically start around $1,500.00, plus the filing fee.
If the divorce is contested and there are assets and issues such as custody and child support, the initial retainer could range from $3,500.00 to $5,000.00, or more depending on the particular circumstances.
4) How Can I Keep Divorce Expenses Low?
One of the first things parties who come to me are concerned about is the cost of getting divorced. They ask, “How much can I expect to pay out during the course of the divorce?” My short answer is, “That depends.” If you’re the kind of person who needs to constantly call your attorney, it will cost more. If your attorney is doing all of the leg work in gathering your documentation, such as your bank records, tax statements, and a lot of the papers that most people can obtain for themselves, it will cost more.You’ll be paying for your attorney’s services based on an hourly rate. If you’re constantly in contact with your attorney – and you certainly should feel that you can call your attorney at any time – you must understand that there’s a cost. When your attorney is speaking with you, he’s not doing work for other clients. As a result, that attorney rightly expects to be compensated for his time. Keeping your questions succinct and to the point will certainly lessen the amount of time you need to speak to your attorney and will enable him to answer you more directly. That will, in turn, save you both time and money.
Are you unable to afford a divorce and you have monetary divorce questions? Contact our experienced New Jersey Divorce Lawyers to schedule a free consultation and case evaluation and get started on your case.
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