"Saving Your Wallet: Strategies to Avoid a $140,000 Divorce Settlement"

1 min read
Source: CNBC
"Saving Your Wallet: Strategies to Avoid a $140,000 Divorce Settlement"
Photo: CNBC
TL;DR Summary

Divorces can be financially burdensome, with costs ranging from $1,500 to $140,000 or more, depending on the complexity and whether it goes to trial. The financial impact of divorce includes dividing assets, setting up separate households, legal fees, and potential child custody battles. To prevent a costly divorce, experts suggest considering prenuptial agreements, which can protect both parties' interests and save money in the long run. It's important to address the financial implications of divorce early on and seek assistance from professionals and resources available to navigate the process.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

85%

57689 words

Want the full story? Read the original article

Read on CNBC