Considering the Costs of Divorce Beyond Mediation Fees

Considering the Costs of Divorce Beyond Mediation Fees

As you prepare for your divorce, it is a good idea to consider the costs of getting that divorce so you can get started with planning for what your finances will look like as a single person.

Your first step in this regard should be to talk to your mediator about what you can expect regarding fees and payment structure. But there will also be other costs you will need to cover in the process.

These include:

  • Attorneys’ fees: Just because you are going through mediation doesn’t mean you don’t need an attorney. Your mediator will not advocate for you or provide you with legal advice—that’s not their job. An attorney will, however, so it is very helpful to retain a lawyer to work with you in your mediation process so you can make sure you’re not agreeing to something that compromises your rights. You can work with attorneys to prepare for mediation, work on negotiation strategies and review settlement agreements.
  • Services from other expert professionals: You may need to retain the services of other professionals such as counselors, tax consultants, real estate appraisers, financial planners, tax preparation specialists and pension experts as part of your divorce. You’ll need to factor the costs of those services into the total cost of your divorce.
  • Document preparation: You may need to pay for document preparation services as part of your mediation. These services will not typically be particularly costly, but you still need to budget them into the total cost of mediation.

For more information about what you can expect to pay for divorce mediation and the costs you’ll need to prepare for outside of the mediation sessions themselves, contact an experienced Long Island attorney at Solutions Divorce Mediation.

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