Assets have an unquestionable impact on divorce in many ways. It is one of the main reasons that people decide to get divorced in the first place.
But do more assets equal bigger problems during the divorce process itself?
The impact of wealth on arguments
According to Business Insider, wealth does not necessarily equate to arguments. However, wealth does have an impact on divorces and on a couple’s ability to keep things amicable.
Couples with over $5 million in net worth have a higher rate of amiable divorce than any other wealth bracket. On the other hand, couples with between $1 and $5 million in net worth – still a very sizeable amount of money – fight more than any other wealth bracket.
It does not seem like asset amount has a direct impact on vitriol, in these cases. So what is the deciding factor here that influences arguments versus amiability?
Understanding financial stability
Some speculate that it might come down to how financially secure a couple feels, setting aside the number or amount of assets they actually have.
In short, couples with between $1 and $5 million in assets tend to feel less secure about their financial future. They feel they have a lot to lose if the divorce goes poorly, which leads to more instances of arguments and lashing out.
On the other hand, couples with over $5 million feel more financially secure. Because of this feeling of security, they are more easily able to resolve their other issues and discuss things in a peaceful way.