00:00coinage life well spent presented by
00:04Geico with US divorce rates at 40 to 50
00:07percent of all marriages untying the
00:09knot has become big business forbes
00:12estimates the average cost of divorce to
00:14be anywhere between fifteen thousand
00:16and thirty thousand dollars most of
00:18which goes to paying lawyers a lawyer's
00:20cost is determined by what type of
00:22service the couple requires in a simple
00:24divorce you and your spouse decide on
00:26all terms and are hiring a lawyer just
00:27to file the paperwork in this case you
00:29can settle out of court for between
00:31seven hundred and eleven hundred dollars
00:33on the other hand a contested divorce
00:35would involve settling in court the more
00:37you use lawyers or courtrooms to sort
00:39things out the more it will cost you a
00:41contested divorce can cost up to one
00:43hundred and thirty two thousand dollars
00:46there are other ways to minimize legal
00:48fees choosing a mediation route will cost
00:50less than five thousand dollars and helps
00:52to resolve family conflicts need a
00:54mixture of both a lawyer and mediator
00:56with the help of lawyers collaborative
00:58law helps to negotiate issues outside of
01:00the courtroom unfortunately it's not the
01:02cheapest way to go and might be three
01:04thousand dollars per person the most
01:06inexpensive way to terminate a marriage
01:08is by filing your own paperwork online
01:11there are a bevy of websites that will
01:12assist you in drawing up your own
01:13documents this cost between fifty to
01:16two hundred and fifty dollars if the
01:18only option is to appear in court here
01:20are some things to remember the civil
01:22honest and prepared the less time you have
01:24to spend in court the better for your
01:26wallet coinage life well spent
01:30presented by Geico
Comments