Assets and divorce have an undeniable relationship. In fact, financial reasons are often one of the driving factors behind the breakdown of relationships that lead to divorce in the first place.
So do asset matters continue impacting couples even as they go through the divorce process? The answer is yes.
High assets, high arguments?
Business Insider takes a look into assets and their relation to divorce. As mentioned, even during the divorce process itself, assets can have a big impact.
Some people believe that couples with higher asset amounts will fight more in divorce. This is not necessarily true, though. In fact, couples with a net worth of over $5 million have more amiable divorces than any other wealth bracket’s divorce rates.
However, couples with a net worth of between $1 and $5 million tend to fight more than anyone else. This is not an insignificant net worth amount, so why do some wealthy couples fight more than others?
How a person views their wealth
In the end, it boils down to the way couples view their own wealth. If a couple does not feel financially secure, they have less incentive to cooperate with their spouse and more incentive to try getting as much of the assets as possible. Naturally, this leads to more conflict and argument.
Anyone can feel financially insecure at any wealth amount, even if they have a reasonable net worth. Thus, it is not entirely possible to predict with 100 percent accuracy which couples will end up fighting over assets and which will have a smoother divorce.