Asset division is often one of the most difficult parts of divorce. To that end, many people believe that the more assets a couple has, the more intense the divorce will be.
But how true is that? Do rich couples end up fighting more over asset division than others?
Fighting upper-middle class
Business Insider discusses the impact of wealth on the intensity of arguments during a divorce. Generally speaking, couples with fewer assets or where there is a huge imbalance between personal assets tend to fight quite a bit over asset division.
However, so do couples with a net worth of between $1 million and $5 million. In both cases, the reason for such volatile arguments tends to be financial insecurity or instability. People fear their spouse will take too much or not provide enough, and that their own style of life will end up negatively impacted because of this.
Amiable divorce for the rich
On the other hand, couples with a net worth of over $5 million actually tend to have more amiable divorces. This is because at this level of wealth, many people no longer feel that financial insecurity that motivates many of the most vicious arguments.
Instead, when couples in this wealth bracket argue or get into disputes, it is often over social standing rather than assets. Additionally, these couples tend to fight things out one on one rather than relying on a relay party such as a mediator or personal representatives.
Thus, while wealth may sometimes factor into divorce fights, it is not always the driving force.