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The financial impacts of a divorce in Connecticut

People whose marriages are coming to an end may have to dig deep into their pockets. Connecticut couples who are thinking about divorce may be interested to know that the average cost of a divorce today hovers around $15,000 per person, according to recent statistics. There are other considerations, too, besides the potential financial costs. 

There are primarily three issues to consider when considering the financial aspects of divorce: whether the divorce is amicable, how long the process may take and the choice of an attorney. There is no one divorce fits all and how much a couple will be out of pocket depends upon their individual circumstances. Much also depends on whether a couple is willing to work together to come to a mutually agreeable settlement to keep things out of court.

Going to court not only adds to the cost of a divorce, but also takes a whole lot more time. Statistics show that divorces settled out of court took about nine months, while those cases that went to court lasted more than 17 months. It is to both individuals' benefits to keep as far away from a courtroom as possible when divorcing.

It is true, divorce can be a costly venture financially. However, there are also other costs associated with staying with a spouse with whom a person is no longer happy. Connecticut residents who have been thinking about divorce may wish to consult an experienced lawyer to get a better understanding of the divorce process and what that entails. There are other considerations to ponder -- not just the financial aspect -- and a lawyer can help a client to clarify what those are and how they affect his or her particular situation. 

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  • Hi Yuliana and Attorney Prince, Thank you so much for taking time out of your busy day to meet with me. I really appreciated how compassionate you were while listening to my situation, even through my tears. Thank you so much for sharing such valuable information with me. I left feeling very hopeful that when the dust settles, I’ll be ok.
  • Wendy helped guide us through a very difficult and emotional process and was really able to provide an even and fair account for both parties. It's quite evident in her expertise in this area but the way she was able to make you feel safe and secure in a very insecure time goes far beyond her legal prowess. If the two parties are really willing to cooperate and collaborate, she's there to help gain the best possible solution for all involved, especially if there are children.
  • Regardless of how committed one is to the fact that divorce may be imminent and necessary, it is truly one of the most emotional and stressful situations one can experience. It can also be daunting. Wendy has a remarkable ability to cut through the noise and help you focus on the big picture while drilling down on what is most pertinent to your particular situation., they are a formidable team who work collectively with your best interests in mind.
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