The dissolution of a marriage often involves significant financial burdens. This arises from a confluence of factors, including legal representation, division of assets, and potential long-term support obligations. Each stage of the process, from initial filings to final settlement agreements, typically accrues costs. For instance, retaining an attorney involves hourly fees, and expert witnesses like appraisers or forensic accountants may be necessary to determine the value of marital property.
The expense associated with ending a marriage stems, in part, from the legal complexities involved in equitably distributing property acquired during the union. This can encompass real estate, investments, retirement accounts, and business interests. Furthermore, determinations regarding spousal support (alimony) or child support can add to the financial strain. The longer and more contentious the proceedings, particularly if litigation is required, the greater the overall expense. Historically, legal separation procedures have always involved financial considerations, but modern family law and increased asset complexity have often amplified these costs.
