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Kalis & Kleiman Share the Potential Costs of a Divorce

The emotional and financial consequences of divorce and family law litigation can be stressful and devastating for families, spouses and children.

 
PRLog - Jun. 15, 2012 - Contact
Scott Kleiman, Law Firm of Kalis & Kleiman
skleiman@kaliskleiman.com
(954) 791–0477
Kim Sailer, BARD Marketing/PR
ksailer@bardmarketing.com  

Kalis & Kleiman Share the Potential Costs of a Divorce

The emotional and financial consequences of divorce and family law litigation (http://www.kaliskleiman.com/Divorce_and_Family_Law) can be stressful and devastating for families, spouses and children. Costs will vary significantly state to state and can depend on things like whether the divorce is adversarial or collaborative, if possessions/assets are included and if there are children involved.

There are still costs involved in getting a divorce whether litigated, mediated, uncontested or do-it-yourself. Both spouses can face financial harm. Here are some of the costs considerations when getting a divorce:

* Home or Vehicle Sales – common assets like homes and cars may be sold when divorce is finalized or families may need to maintain two mortgages or rents and associated bills (insurance, electricity).
* Division of Debt – division of existing debts and bills will need to be identified (credit cards, electric bills, etc).
* Capital Gains – taking out or dividing assets (bank accounts, CDs, stocks, IRA, 401K, etc.) can have large tax bills to contend with.
* Child Support – child support and maintenance varies state to state with a variety of factors to be measured and is often considered a priority and decided before spousal support.
* Spousal Support – alimony varies state to state with a variety of factors to be considered (length of marriage, employment, earnings, etc.).
* Health Care & Educational Costs - Many divorce settlements require that one spouse be responsible for all or most of the young children's long-term health care and educational costs.
* Child Care – depending on the child’s age and needs, and the parents working situation, they may have to pay for child care services.
* Legal Fees and Counsel – whether an amicable do-it-yourself divorce or hiring a lawyer, there are still legal fees to be paid by both spouses.

At Kalis & Kleiman, we believe that each client has a unique set of needs and priorities and that every client should receive individual and compassionate attention, as divorce cases can cost a lot of money depending on the issues surrounded a divorce.

If you have questions (http://www.kaliskleiman.com/Family_Law_FAQs) regarding divorce, family law and the probate process, contact (http://www.kaliskleiman.com/Contact_Us) KALIS & KLEIMAN at 954-791-0506.

The law firm of Kalis & Kleiman focuses on Commercial and Real Estate Law and Wills, Probate and Trusts. The firm was founded in 1996 and is headquartered in Davie, Florida, at 7320 Griffin Road, Suite 109. Attorneys, Neal Kalis, M. Scott Kleiman and Olga Ruiz Baken can be contacted at 954.791.0477. Additional information about the law Firm of Kalis & Kleiman may be obtained from the firm's website at http://www.kaliskleiman.com or on Facebook at http://www.facebook.com/KALISKLEIMAN.

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Source:BARD Marketing
City/Town:Davie - Florida - United States
Industry:Family, Legal
Tags:kalis kleiman, divorce, Division of Assets, child custody, Olga Ruiz Baken
Shortcut:prlog.org/11900967
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