As Seen in the Huffington Post … Is the Size of your Wallet Proportionate to the Cost of Your Divorce?

Have you ever felt like the price of items suddenly went up when you walked into a store? Surely, it’s just your imagination. What about the costs for professional services? Is it possible that fees for professional services, such as therapists, contractors and lawyers, could be based upon how much they feel you can afford? What about the rich and famous? Do you think that they pay their divorce lawyers the same hourly rates and retainers as the rest of us? The answer is, “not likely.” Whether you bargain-hunt at Kohl’s, Walmart and Target, or shop at Bloomingdale’s and Macy’s, the prices for the items you desire are identifiable on the tag. You needn’t reveal your income or net worth to make your purchase. So why is it that when the item you desire is a divorce, your attorney requests full disclosure of your financial net worth before you make your purchase? Is it possible that the size of your bank account is related to the legal fees and costs of your divorce? The answer this time is, “likely.”  Read more …