AOL: 8 Ugly Financial Truths About Getting Divorced

Published in AOL on July 1, 2022

Longer Divorces Tend To Cost More

Since divorces can involve a lot of personal issues, David Fowler, CFP®, ChFC®, founder of High Mountain Financial Coaching LLC, said things can get very emotional.

“This can cause some issues to stick, where one or both parties are unrelenting and trying to win,” he said. “The longer things go, the more expensive the process gets for both parties.”

Therefore, he said it’s best to come to a resolution quickly, as this will save a lot of money in attorney fees. This is something he knows from personal experience, as someone who has gone through a divorce.

“In my own case, I chose to take it on the chin and give more than what my lawyer recommended in order to expedite the process, which I think saved money in the long run,” he said.

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