What are the Financial Benefits of an Uncontested Divorce?

There is more than one way to get a divorce in Florida. If you and your spouse can agree to all the different terms, you can obtain an uncontested divorce. There are many benefits that come with this type of divorce case, including financial advantages. Below, our Orlando uncontested divorce lawyer explains what these are.

Reduced Legal Fees 

Many of the legal fees incurred during the divorce process stem from court appearances and extensive negotiations between the two parties. In an uncontested divorce case, there is no need for negotiation and there are also far fewer court appearances. This can result in significant savings, particularly when compared to contested cases, where extensive legal disputes can drive costs.

Lower Court Costs

 Litigation is always the most expensive way to settle any legal dispute. If you have to appear in court, you will incur more expenses and court costs each time. Uncontested divorce cases do not require many court appearances. In fact, you or your spouse may only have to appear once so the court can approve your marital settlement agreement and ensure it is fair to both parties. There is no need for multiple motions and hearings, making the process more efficient and reducing the overall cost of divorce proceedings.

Quicker Resolution 

The longer any divorce case drags on, the more expensive it is for both parties involved. Uncontested divorce cases are typically resolved much faster than those that go through litigation, or even mediation. The quick resolution obtained in uncontested divorce cases can help people avoid financial uncertainty and move forward with their lives. This advantage of uncontested divorces is particularly beneficial for people who need to make certain financial decisions regarding their employment, housing, and other elements of life post-divorce.

Preserve Your Assets 

When a divorce case is contentious, people sometimes need to liquidate their assets to cover court costs and other legal fees. Contrary to this, an uncontested divorce allows a couple to mutually agree on property division matters, allowing them to preserve more of their assets. When a couple has a substantial amount of shared assets, this is particularly helpful, as it can allow them to retain more of their wealth and property.

Reduced Emotional Stress

 Reduced emotional stress is not a direct financial benefit. However, the emotional stress of divorce can impact your finances. Too much stress can make you less productive at work, which could result in lost wages. Additionally, too much stress is not good for your health and so, it can also result in higher health care costs. An uncontested divorce reduces the amount of emotional stress you may feel, which can help you be more productive and avoid certain health problems.

Contact Our Uncontested Divorce Lawyer in Orlando for Help 

Uncontested divorces have many benefits for the people involved. At Anderson & Ferrin, P.A., our Orlando uncontested divorce lawyer can help you through the process to finalize your case sooner, and to reduce the costs. Call us now at 407-412-7041 or contact us online to schedule a consultation and to get more information.

Source:

leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0000-0099/0061/0061.html