One of the most common questions we get asked is “how much does it cost to separate or divorce?”. The answer to this really depends on you and your partner. If you can work through your separation in a calm and fair and equitable way, the cost will be far less and you will likely reach an outcome and agreement much faster.
The cost of divorce and separation can be best explained with this infographic, showing the different paths and different timeframes for each outcome.
It explains the cost and timeframe for:
- Independent legal advisors with mediation
- Going to court, where you need legal advisors and barristers to represent you in court.
You can see from this, there are many benefits if you can remain fair and equitable, although this is not always possible in every situation.
What is a Guided Separation™?
The Separation Guide has been set up to guide you and provide the resources and tools to separate well and try to stay that way. With input from psychologists and marriage counsellors, financial advisors and accountants, the tools give you the knowledge to make better decisions as you go through the process.
Our goal is to help you reach a fair and equitable outcome with your partner, making the process simpler, more manageable, less expensive.
The Separation Guide interactive Q&A was created to reduce the fear of the unknown that people typically experience when going through the separation process. Traditionally, information out there has included a lot of unfamiliar terms and legal jargon, terms that most people have never had to face before. It is daunting. And let’s face it, when you are going through this you are already in a pretty emotional and stressful time in your life.
The Separation Guide interactive Q&A has made it easier for you to learn about the process and define the best approach for your unique situation. We generally suggest that both you and your partner go through the Q&A so you are equally informed of the facts.
So, what is the average cost of a divorce or separation in Australia?
According to Money Magazine, the average cost is between $50,000 – $100,000 and can take up to 3 years if going through to court. The alternative, done through a fair and equitable pathway such as Guided Separation™, can cost as little at $5,000 – $15,000 and be resolved quickly and amicably with the decisions in your hands.
Pool of Assets Calculator
The Separation Guide's Pool of Assets Calculator is designed to help you identify and value the assets, superannuation and liabilities in your relationship.Pool of Assets Calculator