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A divorce is a stressful event in a person’s life marked with a degree of uncertainty. Overall, it is among the most turbulent times one may go through in life. You will have to resolve questions regarding children, debt, and property while trying to mitigate the escalating divorce costs.
A lawyer’s services can be a significant contributor to the cost of divorce through the legal fees charged for overseeing the proceedings and handling divorce-related matters. A lawyer can handle paperwork, debt/property division, child custody/support, spousal support, filing documents and motions, and attending court hearings. Each task spirals into additional costs for your divorce.
Let’s consider the main costs involved with a divorce in Ohio:
Legal fees for a divorce in Ohio are characteristically subject to many factors. If you go with the services of an experienced lawyer, they will likely charge you more. Other factors that render an effect over legal fees are the case’s complexity and the judge that oversees the proceedings.
- Lawyer’s Experience
When it comes to legal matters, the amount you pay is typically proportional to the level of the services you receive. This is particularly true in the case of family law attorneys. When you go with the assistance of a lawyer who is better versed at the art of law, they will charge you more.
When you come across a lawyer who gives you a lower quote for his services compared to that offered by other attorneys, it may call for you to conduct some research into the lawyer’s experience, work, and field of specialization.
Trying to save a few dollars in attorney’s fees may end up costing you more in the long run if your case isn’t handled correctly.
- Complexities involved with your case
The complexity of your case is often the most significant factor influencing the cost of divorce. For example, the fees associated with an uncontested divorce or dissolution will be a fraction of the cost of a contest for divorce. When handling an uncontested family law case, most attorneys charge a flat fee.
A contested case implies that issues are being disputed and will reflect on the divorce’s overall cost. Disputed issues could be numerous, such as child-related issues, spousal support, debt division responsibilities, and property distribution issues. The multiple hearings and countless hours billed by the attorney all add to the cost of a divorce in Ohio. On the other hand, when parties are disputing only a single issue, the divorce fees are significantly lesser.
In this regard, a divorce attorney can be quite valuable. They will be in the best position to advise the concerned parties over which issues are worth contesting. It can save against hassle and maximize the use of your time.
- Court or Judge
When going through a dissolution of marriage in Ohio, the state’s divorce laws regulate the proceedings. Each of Ohio’s 88 counties has its own local rules, which further impact the case. This includes the costs associated with filing a claim.
Beyond the local rules, judges apply their own standards and regulations. All of this can potentially add to or subtract from the work that an attorney does in your case.
An important factor that affects the costs associated with a divorce in Ohio is designating a venue for hearing a divorce case. An experienced attorney can take all the above factors into account and discuss them with the client before going ahead with divorce proceedings.
Additional costs associated with a divorce
Along with legal fees, several other factors affect the total cost associated with a divorce in Ohio. These factors mainly pertain to the issues that an individual faces in the divorce case, and the outcomes of these issues, based on court verdicts. Such matters lay a detrimental effect on the overall costs associated with a divorce.
Let us take a look at the most important among them.
- Property distribution and settlement
There are cases when one of the divorcing spouses is ordered to liquidate an asset or sign an asset over to the other spouse. Such transfers add up to the total costs associated with the divorce.
Let us consider an instance wherein one of the spouses has an IRA account worth $20,000 that he or she earned during the marriage. If the individual is asked to divide the amount in the IRA account, one of the spouses loses $10,000 while the other gains $10,000. These are complicated financial matters, and an experienced attorney’s aid will be valuable to advise over such matters.
- Debt allocation
The way debts are allocated in a divorce renders a significant impact on the overall financial distribution that takes place in the case. Even a marginal amount of debt can lead to one spouse incurring more than the other. And a transfer of wealth hence takes place.
Let us suppose that a spouse is ordered to incur 60% of a marital credit card, which has a balance of $10,000. This scenario implies that the spouse will incur a debt of $2,000 more than what the other spouse does. Such costs add up, increasing the impact of divorce on an individual.
- Spousal Support
A divorce can suddenly become much more expensive for a spouse when they are required to pay spousal support or alimony to their partner. While the repayment period lasts, alimony is the monthly transfer of payments from one spouse to another.
In general, the longer a marriage lasts, the longer the repayment period is. In exceptional cases, the repayment period can last for a lifetime. It goes to show that when one chooses to get divorced, there’s a lot at stake. Hence, when an individual has been married for over five years, it becomes essential to take a divorce lawyer’s aid in all matters associated with divorce. An experienced divorce lawyer will be in a position to offer sound advice related to potential liabilities and entitlement to alimony when one files for a divorce.
- Child Support
In child support, the paying spouse makes payments to the payee spouse. The support lasts until the child is 18 and has completed high school. When coming up with the total cost, these monthly payments should also be considered.
Let us suppose that the deal is finalized at monthly payments of $200. This amount can spiral to $43,000 over the child’s lifetime. Though the amount is meant for a child’s support, it results in a transfer of wealth from one spouse to another.
The aid of a good lawyer becomes indispensable for mitigating the overall costs associated with a divorce in Ohio
The information above goes to show that when calculating the overall costs associated with a divorce in Ohio, one should look beyond legal fees and attorney charges. To properly evaluate the costs and financial impact related to divorce, one should assess a range of complex associated matters pertaining to support issues, debt allocation, and asset division. An expert divorce attorney is the best choice to carry out these evaluations and get the most accurate idea regarding your divorce’s overall cost.
An expert divorce lawyer will come in handy because it is not a good idea to generalize scenarios in matters such as divorce. Each case is unique, as are the circumstances surrounding the parties involved. An experienced lawyer will conduct an in-depth assessment of the issues and take a 360-degree view before specifying how much the divorce will cost.
Divorce in Ohio is a complicated process with lots of matters that can impact your life. You have to consider grounds for divorce, child custody, and visitation, debt and asset distribution, alimony, divorce while pregnancy, emergency custody, grandparent rights, Guardian Ad Litem, prenuptial agreements, and much more. These matters are difficult to foresee before filing for a divorce. Still, with his updated and sound legal know-how and working knowledge, a divorce lawyer will know of these matters in a fair bit of detail. He’d be in the best position to guide you along.
Moreover, with an expert divorce lawyer at your side, you will not be required to learn the most suitable path ahead or deal with Ohio’s a state and district laws. An expert divorce lawyer will guide you through such matters and come up with the most reasonable arguments to convince the court or the judge. It’s also possible to get a low-cost divorce by hiring an online divorce company like https://onlineohiodivorce.com/ which will help you with the paperwork.
