Some people believe that having more wealth and assets means that the asset division process will be harder and involve more arguments.
But is that the case? Does more money really equate to bigger problems in matters of divorce?
Moderate net worth and divorce arguments
As Business Insider states, arguments in divorce do often tie to assets and finances. However, it is financial insecurity that tends to drive most of these arguments, rather than the exact numbers or amount of a person’s net worth.
For example, couples with a net worth of between $1 and $5 million objectively have more money than couples with a net worth of under $1 million. However, they fight so much over assets that they have earned the moniker “the fighting class”. Their divorces tend to be the messiest and most volatile of them all.
What is financial insecurity?
Why is this the case, though? Simply put, they have enough money to know what an elevated lifestyle is like, but they do not have enough to secure said lifestyle.
It is this financial insecurity that drives them to behave in such aggressive ways toward one another. They fear losing their current standing and way of life, even if they will still have enough money to meet their basic necessities.
On the other hand, couples with a net worth of over $5 million actually have the most amiable divorces of any other wealth bracket. This is speculated because, at such a level of wealth, the financial insecurity begins to fade, leaving couples with less to argue about.