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How do assets lead to arguments?

On Behalf of | Nov 21, 2022 | High Asset Divorce |

When going through divorce, you have likely gotten into arguments at least once over some matter related to assets or finances.

But does the amount of assets that you have directly impact whether or not these arguments will happen?

Amiable divorce and high-asset couples

According to Business Insider, assets may actually have a different role to play in divorce than some people believe.

Many think that higher asset amounts tie to higher rates of arguments. This is due to the assumption that people with more to lose will want to hold onto their wealth more intensely, thus getting into combative situations with their spouses.

However, many couples with over $5 million in net worth opt for amiable divorce instead. In fact, they are the wealth bracket with the highest rate of amiable divorces. Compare that to couples with between $1 and $5 million in net worth, who fight more than any other wealth bracket.

Of course, $1 to $5 million is nothing to scoff at. So why are people with over $5 million fighting less, and people with between $1 and $5 million fighting more?

View of assets sparks arguments

It might boil down to how the individuals view assets. For example, no matter how many assets you have, you could still feel financially insecure. This insecurity could drive you to seek a higher percentage of your joint assets, thus igniting many more arguments.

On the other hand, if you and your partner feel financially secure, you are more likely to seek an amicable conclusion to your marriage and have a less vitriolic division of assets.