Everyone knows that divorce is expensive. However, even after you have gone through the process and paid attorneys’ fees, court fees, and more, you will still have additional costs related to the end of your marriage. If you are going through a divorce, it is essential that you understand what these costs are, so you can prepare for them and prevent yourself from falling into financial difficulty. You may find that there are many hidden costs of divorce, but the five most common are found below.
After a divorce, one or both spouses will move out of the home and if you are planning to relocate, you must be prepared for those costs. You may have another down payment on a home, rent, and security deposits you must pay. Although these are the obvious costs of moving, there are others, as well.
Prepare to pay for movers, new furnishings for your new home, deposits for utilities, and even groceries to fill your new cupboards once you move in. All of these costs quickly add up, so it is important to itemize what you will need so you will understand just how much the move will cost you....