Ruben Law Firm Offers Comments Regarding the High Cost of Divorce

PHILADELPHIA, PA, June 05, 2013

Ruben Law Firm specializes in family law. When a couple is seeking a divorce, they want a company that can resolve their differences quickly, efficiently, and fairly. A recent article on The Huffington Post addresses the high cost associated with divorce and how to keep expenses in check. Ruben Law Firm offers comment on how it helps clients to reach agreeable terms while staying mindful of cost.

Celebrity divorce is everywhere in the headlines. These high profile cases reach settlements for millions of dollars. While the average couple's settlements come nowhere close to these extreme amounts, it is still a costly process. There is no way of knowing exactly how much a divorce will cost, but there are ways to help keep costs lower.

Advertisements that promote low-cost divorces are typically geared toward those couples who have already settled their disagreements on their own. They have agreed to the terms of their divorce and just need a lawyer to make things final. According to Bruce Cameron of Cameron Law PLLC, Rochester, Minn., the average cost of divorce is between $15,000 and $20,000. This is comparable to the cost of getting married.

Why does a divorce cost so much? There are other associated costs aside from attorney's fees. There are also court costs, parent education classes, and mediation costs. When dealing with real estate, that adds additional fees. Refinancing costs, record deed fees, and additional time from the attorney are all added on. Location also plays a part. People who live in New York City or Chicago will pay more than someone living a small, rural town. The cost of living is higher, so the cost of divorce is too.

When it comes to keeping costs down, the article highlights a few suggestions. Couples should know what they are agreeing to. Not understanding the financial consequences of the settlement can lead to higher costs. According to Rosemary Frank, a certified divorce financial analyst, "Hidden taxes, underperforming investments, depreciating assets and a budget that cannot withstand the pressures of inflation will cause people to literally go bankrupt as a result of divorce."

The length of time it takes to reach settlement also adds to expenses. The longer it takes to come to an agreement, the more time and money it will take. The more willing couples are to come to terms with each other, the easier the process. Coming to an amicable agreement and working things out is more beneficial than challenging everything. It also costs less.

While it is often too late by the time a couple divorces, having a pre-nup saves time and money. This legal document is created and signed before marriage, and outlines how things are divided should divorce occur. It may not seem very romantic, but it is a sensible move.

"We aim to make the divorce process go as quickly and smoothly as possible," reports a representative of Ruben Law Firm. "We do our best to help clients come to agreements that keep everyone's best interest in mind. We make sure that they understand everything that goes on. Dragging out the process and accruing high costs and stress is not our goal. Our extensive experience and effective negotiation skills allow us to reach acceptable settlements for our clients. We provide maximum effectiveness at minimum cost." Ruben Law Firm can help with all aspects of divorce, from premarital and postnuptial agreements, to child custody and support issues.

ABOUT:

Ruben Law Firm is located in San Francisco, California. The team is led by Stephen B. Ruben, a certified family law specialist who has practiced law since 1973. The firm assists clients with the complex issues related to divorce and establishes a clear roadmap and end goals for each case. They can help resolve issues regarding child custody, spousal and child support, property division, and other matters.