Cost To Maintain Pre Divorce Lifestyle After Divorce Higher

Posted by Tim Blankenship on

Cost To Maintain Pre Divorce Lifestyle After Divorce Higher

Today, we’re going to talk about some of the financial concerns or some things you should be considering or looking forward at a Post Divorce or if you’re going to go through a Divorce things that are probably going to come up relatively soon.

When we file Divorce cases for folks, one of the main concerns of course is financial. The distribution of property and assets and debts is a huge portion of your Divorce.

And if you don’t have children in fact that’s probably everything, dividing up your assets and debts and pensions, income, spousal support, that’s a big thing when going through a Divorce.

It’s the big part of Divorce, so much so, that in the paperwork process of going through a Divorce in California, the biggest part the biggest challenge or the biggest part of the paperwork I should say is financial disclosure.

Listing out assets and debts and how much you make and how much you’ve saved. How much the house is worth? And all of your property is huge.

So outside of that the other things are going to be children. But a big thing, big part of Divorce is about money and finances.

So what I wanted to talk about today is I always tell my clients when they come in, ‘Your money is not going to go as far after you get Divorce. It’s going to be at least or nearly twice as expensive to operate two separate households.’

So if you are a married couple living together both spouses working and both incomes for  a single household, a single rent or mortgage payment, a single power bill, a single water bill, and so on and so forth, that money now divided operating under two households, you’re never—I shouldn’t say never, but it is a great chance that you are not going to live at the same financial ability or the same–what I want to say, you’re not going to be able to live the same comfortable life you did when you are married.

Your money is not–you’re going to have less money. And you’re going to have more bills.

I was reading an article here that says basically that filing a Divorce the cost is usually 25-50% more to maintain your Pre-Divorce lifestyle.

A single household becomes twice as expensive as each spouse looses the benefit of the other spouse’s income.

So that’s exactly what we’re saying here. You’re going to have less money, more bills because you’re now having your own household, your own household bills.

Each of you, you’re going to have your rent or mortgage, your power bills and so on.

And so the money is not going to go as far, even if there is spousal support being paid, even if there is a child support being paid, regardless if you’re receiving the spousal support or child support or paying that, you’re still going to have lesser income and more bills.

And therefore the 25-50% more cost to operate your lifestyle. So I know that that’s a concern of clients of mine.

In fact many of our clients maintain a single household until the Divorce is finalized purely for financial –I shouldn’t say gain but to kind of put off the lost they’re going to have when they have to maintain two households.

It’s never a better scenario. Okay, I mean if the Divorce might be a good scenario for you. But the housing situation and financially unless you guys are well off it’s going to be a lesser livelihood.

You’re not going to live as well. You’re going to have more debts and less income to pay those debts.

So you’re not going to have the same lifestyle. That’s the word I was looking for.

You’re not going to have the same lifestyle you did prior to the Divorce happening. So let’s keep those things in mind.

This was a good article. These things that we’re trying to talk about more than just here’s how you get Divorce and what we can do for you to help you through your Divorce in California.

But just some things you want to consider before going through a Divorce or if you’re in the middle of Divorce just keep in mind the financial lifestyle you live afterwards, unless you’re wealthy, of course, it’s not going to be the same or even if you are wealthy, it’s not just going to be same when you’re supporting two households.

Tim Blankenship Divorce661.com, we’re also on Divorce Master Radio on our podcast where you can get these on demand radio shows as well as on our YouTube channel.

I appreciate you tuning in and watching and we’ll talk to you soon.

 

 

 

Would You Pay A Membership Fee To Access California Divorce Tutorials

Posted by Tim Blankenship on

Would You Pay A Membership Fee To Access California Divorce Tutorials

Today, I wanted to ask a question. We have been considering all the way back up. We are full service divorce document preparation firm, so, we do everything from start to finish.

We fill out the forms, go to court, file and serve them. Deal with the court system for you, so you can go on with your life.

You don’t have to worry about the process or procedure. But we do have people on occasion that call us.

And I know there’s probably thousands of people or tons of thousands of people in California who don’t want to pay our fees to do and to take care of their divorce in a full service capacity but would like the information provided to them where they could do it with themselves.

Now we have start over 300 videos as of this video in providing information, tips and tricks and things on how to get forms done when it comes to California divorce.

But you have to search for it. And you got to look for it. And each time you’re not going to know what’s going to be next and the system and the process and how to do this.

So you have to do a lot of researching, go to various sites, even though we have tons of informations on our blog at Divorce661.com and videos on YouTube.

So we’re considering coming up with a membership style website where you could log in either pay a one time fee or a monthly fee for the period of time you’re using the membership site.

Essentially, what this would do is you can log in and we would have where our YouTube videos you’d have to search for them individually with the membership site, they would be explained in a way where you can just go step by step.

So step one fill out the filing forms with the video explaining how to fill out each and every form done on a Screen Share.

While you’re watching it you can be literally filling out the forms as we’re talking you through the paperwork.

So we’re just wondering if people would use that type of service.

Would you consider paying a monthly fee to have access to all the forms as far as video tutorials on each and every form where it’s so convenient that you don’t have to worry about searching around or going to the court website and printing that forms.

We will provide that everything in a membership site. So I’d love to hear some feedback from you.

You need help with your Divorce, give us a call, but please this video is just before we spend some money on providing additional service for folks going through Divorce on their own in California, we want to hear this video out there.

And see what kind of feedback we get if you would pay a monthly fee or a one time fee or any fee at all to have access to video tutorials in a systemized fashion of filling out the Divorce process on your own as opposed to using our full service Divorce.

021: How Much Does It Cost To Divorce In California (Podcast)

Posted by Tim Blankenship on

In this episode, we talk about the varying costs of getting a divorce in California. The amount of money you will spend depends on several factors such as if your case is uncontested or if you will battle it out in court.

Will you use an attorney, mediation or legal document preparation. We answer these questions about the average cost of divorce in this episode.

And we’re going to talk about the difference between using an attorney, using a mediation service or using a legal document preparation service such ours.

We’re going to kind of hit the lowest of cost and the highest of cost in what you could kind of expect to help you make a decision on which way you want to go in getting assistance with your divorce.