If you are contemplating divorce, one of the many things you are likely worried about is the cost of that divorce. You undoubtedly have a friend or family member who went through the divorce process and came out the other end in a significantly worse financial position, due at least in part to legal fees. The good news is that a divorce does not have to cost a fortune. The bad news is that an acrimonious divorce can be expensive. A Murfreesboro divorce attorney at Bennett, Michael & Hornsby sheds some light on the question “What do divorce lawyers near me charge?”
Divorce Expenses
Because every divorce involves a unique set of circumstances it is impossible to determine how much your specific divorce will cost; however, it is possible to learn what
There will be some expenses that every divorce incurs, such as court costs. In Tennessee, for example, you will need to pay a filing fee (unless you qualify for a fee waiver) when the divorce is initiated if you are the party filing the divorce (the “Petitioner”). As of 2021, the filing fee for a divorce without minor children is $184.50 and for a divorce with minor children the filing fee is $259.50. If you choose to serve your spouse with the Petition for Divorce through the civil sheriff’s office, you will pay an additional $42 for service of process.
Attorney Fees
What most people are concerned about when they discuss the cost of a divorce is the cost of an attorney. For a very simple divorce – meaning one without minor children and without significant assets – it is possible to get through a divorce without an attorney if you and your spouse can agree on all issues involved in the divorce. For all other divorces, hiring a lawyer is highly advisable. That leads to the question: what do lawyers near me charge? The answer depends on several factors.
A recent article published by The Ascent found that the average cost of a divorce nationwide was $12,900 for 2020. The average costs of an uncontested divorce or one without major issues was $4,100 while a divorce that goes to trial because two or more issues remain contested costs, on average, $23,300. Furthermore, the average hourly rate of a divorce attorney is $270 across the nation.
Factors that are likely to impact the cost of your divorce include, but are not limited to:
- Minor children. Even if both spouses remain civil throughout the divorce and are willing to negotiate in good faith, a divorce that involves minor children is almost always more complicated than one without children. A Parenting Plan must be developed and approved by the court. Parenting time, child support, and health insurance are just a few of the things that must be part of that plan. The complexity of a divorce with minor children is likely to make it more expensive.
- Valuable or complex assets. All marital assets must be divided in a divorce. If you own valuable and/or complex assets, negotiating an agreement to divide them is likely to be time-consuming – and, therefore, more expensive.
- Ownership interest in a business. When a business is part of a divorce it may require a professional appraisal to be conducted as well as additional steps to “divide” the financial and legal interest in the business.
- Amicable vs. contentious. By far, however, the most important factor in determining the cost of a divorce is how contentious it is. Even a divorce involving minor children and significant assets can be accomplished without breaking the bank if the parties remain amicable. Conversely, a divorce without minor children or valuable assets can become costly if the parties are unable (or unwilling) to work together on the terms of the divorce.
How Do I Contact Divorce Lawyers Near Me?
If you are looking for divorce lawyers near you, contact the Murfreesboro divorce attorneys at Bennett, Michael & Hornsby by calling 615-898-1560 to schedule your free appointment.
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