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The Law Offices of James A. Cuddy, LLC

Call To Find Your Way Forward 203-583-8256

Call To Find Your Way Forward 203-583-8256

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Does wealth cause or prevent arguments in divorce?

On Behalf of | Oct 20, 2022 | Blog, Divorce

Many myths exist about divorce. What are the common driving factors behind it? Do any factors potentially make a divorce more vitriolic? Do certain aspects increase the chance of arguments?

Some people believe money and assets are the roots of volatile arguments in divorce. But how true is this?

Couples with higher net worth

As Business Insider discovered, money does have something to do with it. Elevated arguments and violent arguments are not tied to increased financial wealth, however. In fact, the higher a couple’s joint net worth is, the less likely they are to get into spats with one another.

Many couples with a net worth of over $5 million have amiable divorces. This is a higher rate than just about any other wealth bracket. When couples of this wealth bracket do argue, it tends to be over immaterial things like social status or standing.

Couples with moderate net worth

However, that is not to say assets do not have any effect on arguments or how vitriolic they may or may not be. In fact, the lower a couple’s joint assets, the more they tend to argue. Couples who have a net worth of even $1 to $5 million tend to argue much more often and have more aggressive divorce processes.

Couples with lower net worth

This also applies to couples with lower than $1 million in joint assets, though this is often because of financial insecurity. One wrong move in a divorce could potentially jeopardize a person’s ability to support his or herself, creating a very real fear in both parties.

This is to say: yes, assets do impact arguments in divorce situations, though not necessarily in the way one might expect.