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How does wealth impact divorce?

On Behalf of | Jan 19, 2023 | Divorce

When going through a divorce, asset division is often at the top of people’s minds when it comes to things they are not looking forward to.

To that end, assets and wealth in general have a big impact on divorce itself. But in what ways does wealth truly impact divorce?

Wealth and divorce hostility

According to Business Insider, wealth does impact divorce in several ways. For example, some studies show that couples with more assets fight more often because they have a bigger amount of money or financial support to lose if the divorce goes poorly for them.

This seems backed up by the fact that the upper-middle class is the class most likely to have big and messy arguments during divorce.

On the other hand, however, the wealthiest of couples actually have the highest level of amiable divorce out of any wealth bracket.

The feeling of financial security

These directly contradicting realities seem to indicate that the way people view their assets might have a bigger impact on the divorce, rather than the number of assets a couple owns.

In other words, a couple that feels financially secure will have fewer reasons to fight it out in court. They know that even “losing” a divorce case will not result in the decimation of their current lifestyle or their ability to financially support themselves.

On the other hand, couples that feel financial insecurity are most likely to argue during divorce. They have the most to lose, so they want to do everything in their power to prevent that from happening.