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Is a battle inevitable among high-asset couples?

Is a battle inevitable among high-asset couples?

On Behalf of | Oct 6, 2022 | Divorce, High-Asset Divorce |

Popular rumor states that the more well-off a couple happens to be, the more likely it is that they will get into severe legal battles if they ever get a divorce.

But exactly how true is that? Is a couple more likely to fight if they have more assets, compared to fewer? Or does it actually make much of a difference at all?

Higher net worth fights less

Business Insider reveals that in reality, high-asset couples often have more amiable divorces. However, this largely only applies to couples over a certain threshold of wealth.

Generally speaking, couples with a net worth of over $5 million feel as though they are “set for life”. Even a divorce is not enough to end the way they live or their general level of comfort and feeling of financial stability.

In fact, most couples who have a net worth of $5 million or more only get into serious disputes because of social standing or status. Compared to other couples, they are also more likely to duke it out one-on-one, rather than through proxies like attorneys or mediators.

Upper-middle class fight more

Couples who average a net worth between $1 million and $5 million, on the other hand, do tend to fight over their finances during a divorce. In fact, they fight so often that they earned the moniker “the fighting class”.

Speculation assumes that this group of people fight more often because they are not yet at a level where they feel financially comfortable or set for life, so they worry a divorce will end their current way of living. This is why disputes between couples in this range get so much more violent.