Save money on divorce by choosing mediation and out-of-court settlements

There are several effective ways to minimize the financial impact of divorce proceedings in Canada. The most significant cost savings come from avoiding lengthy court battles and working collaboratively with your former spouse.

• Choose alternative dispute resolution methods like mediation or arbitration
• Prepare all financial documents and paperwork thoroughly before meeting with lawyers
• Consider using a collaborative divorce process where both parties commit to settling out of court
• Be willing to negotiate and compromise on non-essential items
• Share a divorce mediator instead of hiring separate lawyers when possible
• Handle simple administrative tasks yourself rather than paying lawyer fees

Working with your spouse to reach agreements on major issues like property division, support payments, and child custody arrangements before involving legal professionals can dramatically reduce costs while leading to more amicable outcomes.