Mediate Michigan

When most couples say “I do” they never imagine that their happily-ever-after could turn into a disaster that could end up costing a lot more than just heartbreak. For those potentially parting ways, there are some important pecuniary points to ponder.

Litigate or Mediate?

“The actual costs of the divorce generally surprise most people,” says Brette Sember, family attorney and author of two books on the subject. The Divorce Handbook and The Divorce Organizer and Planner. “They don’t have enough for the retainer for the attorney and are surprised by the amounts of the bills thereafter. I highly recommend considering mediation since it is a very cost effective way to resolve your divorce.”

When couples pursue traditional litigation, two attorneys are paid to negotiate and then, possibly, go to trial. In mediation, a neutral third party works through decisions with the couple.”

You can plan on mediation costing somewhere between a few thousand and $7,000, whereas if you litigate, you could spend $50,000,” says Sember

via Money And Life Changes — Special Reports — Hidden Costs Of Divorce – CNBC.