"Saving Your Wallet: Strategies to Avoid a $140,000 Divorce Settlement"
Originally Published 2 years ago — by CNBC
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.