Plenty of myths revolve around the notion of assets and how they tie into a divorce. It is obvious that assets serve as a major catalyst for splits in relationships, but can the number of assets involved in a divorce actually make it more vitriolic?
Some people believe that the more assets a couple has, the more volatile their fights will get during the divorce process. But is this true?
Couples with over $5 million in net worth
Business Insider takes a look into the lives of couples in all wealth brackets. The wealthiest of couples with a net worth of over $5 million actually show a surprising trend. They seem to have the highest rate of amiable divorces. When they do get into fights, it is not often over assets, but rather over intangible things like social status.
Couples with less than $1 million in net worth
Comparatively, couples worth less than $1 million tend to fight quite a bit over the assets they do have. But why is this the case?
Simply put, it often ties to financial scarcity and uncertainty. For couples with a net worth of over $5 million, even a divorce that goes poorly cannot sink either party in the couple.
However, when couples have fewer assets, chances rise exponentially that a poor divorce could potentially upset someone’s style of living. In extreme cases, it could even ruin a person’s ability to live comfortably, which is a major fear many people have.
Thus, finances can and do affect the vitriol behind arguments in a divorce. However, having more assets does not necessarily equate to bigger or worse arguments.