How much does a Maryland divorce cost ?
A lot of people are concerned with the cost of divorce. It’s important to realize all costs associated with divorce when considering this life altering change.
Lawyer fees tend to range from $100 to $450 per hour, the average will be based upon intermediate level of experience which would be $275 per hour. Rates will vary per lawyer depending on length of service and experience.
Fees for an accountant will range from $100 to $350 per hour, the average will be based upon intermediate level of experience which would be $250 per hour. Rates will vary per accountant depending on length of service and experience.
A simple divorce occurs when there is no property support or custody matters. A lawyer will charge you per hour plus charge you $300 to $400 for disbursement fees plus other applicable fees.
A contested divorce can be more costly. Contested divorces tend to take quite a bit longer since parties tend to fail to come to an agreement. The longer the arguments, the more fees apply. This is why it important to try to agree to as much as possible before filing for divorce to save yourself lots of added fees. There is no generalized fee schedule because there is no telling in a contested divorce when parties will reach an agreement.
Preparing financial statements in a divorce are an important expense. Your lawyers and accountants will be hard at work finding costs of living, weekly, monthly, yearly costs and combined income. The statements will include a detailed listing of all assets and liabilities at the date of the marriage and the date of the marriage breakdown.
Estimated time needed for preparing financial statements are as follows :
Accountant 1-25 hours
Lawyer 1-5 hours
These times vary by circumstance
There are loads more costs associated with the trial, pretrial, cross examinations.
A Maryland divorce including lawyers and accountants can be from $8,000 - $130,000 depending on the things associated with your divorce. Find out your costs before making any decisions.
All quotes listed here serve the purpose of giving you a generalized idea when considering the cost of divorce. These are not quotes or certain costs, but an average idea of costs. Prices vary per service.