You may have heard that couples with higher assets or more financial wealth often face a rockier divorce.
However, there is good reason to believe that this is not entirely true. While wealth does impact divorce, it may not be in the way you expect.
Fighting within the divorce
Business Insider discusses the impact of wealth and high assets on divorce. Generally speaking, it is impossible to deny the relationship between finances and divorce. For example, many couples will decide to divorce in the first place due to financial issues.
As far as fighting during the divorce itself, some couples do end up fighting more over assets than others. Couples with an average net worth of between $1 and $5 million have a reputation as the wealth bracket that fights the most, for example.
On the other hand, couples with over $5 million in net worth have more amiable divorces than anyone else. So do arguments really depend on wealth levels after all?
Arguing over assets
In short, while asset amounts do impact arguments to a degree, it has a lot more to do with how you and your spouse feel about your assets.
Couples with over $5 million in joint assets tend to feel more financially secure. This allows them to view their divorce without the stress of wanting or needing a larger share of the assets after their split.
Couples with less than $5 million, however, tend to feel more competitive over their assets and want to keep as much as possible due to feelings of financial insecurity. Thus, it is more likely the feeling of insecurity that will spark divorce arguments, rather than actual wealth.