When a Florida resident is faced with a divorce or child custody case, one of the first concerns is how much the entire process will cost. Family law can be expensive, depending on the complexity of a case and the motivation of one or both parties to drag things out longer than necessary. Many people struggle to fund a legal battle, but they are unsure where to turn for help. A relatively new tool exists that could help some people cover a portion of the cost of their divorce or custody case.
Crowdfunding is the term used for the practice of collecting donations from friends and family to fund a particular project. Various websites exist where account holders can set up a page describing the project that they would like to fund. Donors contribute whatever amount they desire, and the project is often able to move forward. Crowdfunding has been used to fund business start-ups, honeymoons and even college tuition needs.
Some people are turning to crowdfunding to help cover some of the costs associated with a divorce or custody battle. It may seem awkward to make a public appeal for financial assistance. However, it is important to remember that many friends and family members want to help during a time of turmoil, but they often don't know how they can pitch in. Setting up a crowdfunding account can provide loved ones with a means of lending a hand financially.
For those in Florida who are interested in learning more about the crowdfunding process, keep in mind that it is possible to outline the exact expenses that contributions will be used to fund. There are many costs associated with a divorce or child custody case, including legal fees, assets lost during property division, and the expense of moving and setting up a new home. Individuals can set up a crowdfunding account that can assist with these and other family law expenses, and it will also give loved ones an easy means of lending a hand during a challenging time.
Source: WRAL, "Crowdfund a divorce? Sites let you contribute to a couple's breakup", Lois M. Collins, May 9, 2016