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Who is more likely to fight over assets?

On Behalf of | Oct 5, 2022 | Divorce, Property Division |

Common myth states that the more assets a person has, the more likely they are to get into a serious dispute with their partner if they ever get a divorce.

But just how much backing does this myth have? Do wealthier couples typically fight more over finances than those who have less?

Financial stability in high-asset couples

Business Insider discusses the rate at which couples argue over finances during divorce. Generally speaking, finances serve as a huge source of stress between just about every couple during the divorce process. Many average couples will fight due to financial insecurity and the fear that their spouse will take their current lifestyle along with them.

However, having more assets does not necessarily mean bigger, worse fights are on the horizon. In fact, after reaching a certain level of wealth, amiable divorces actually grow more common.

Couples with a net worth of over $5 million tend to have the most amiable divorces. This is speculated to be because they do not feel financial insecurity, and even the idea of divorcing and losing some of their wealth is not enough to unsettle them.

When couples in this demographic get into disputes, it is often due to social standing or status rather than physical wealth or assets.

Upper middle class disputes

On the other hand, couples that have a net worth between $1 million and $5 million tend to fight quite a lot. They even gained the nickname “the fighting class” due to the high level of financial disputes during divorce.

This is often because they too feel financial insecurity, showing that one must reach a certain level of stability in money before dispute instances taper off.

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