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Does more money mean more fighting during a divorce?

October 28, 2021 | Asset Division, Divorce, Firm News

You know that you need to divorce your spouse, but you do not want a big fight. As a couple, you and your spouse have a high net worth. Does that mean your divorce will be more contentious?

Not necessarily. According to Insider, it depends on how much you and your spouse are worth. If you have at least $5 million, your divorce is likely to be more amicable. If you have between $1 million and $5 million, you are more likely to get into conflict.

Couples worth more than $1 million but less than $5 million

If you and your spouse have more than $1 million but less than $5 million, you may feel that your position is more tenuous. Therefore, you may be more inclined to fight to protect it. Your wealth is not substantial, and therefore your situation is less secure. Couples in this position are more likely to fight over provisions in the divorce agreement.

Couples worth $5 million or more

Research shows that if you and your spouse have a net worth of more than $5 million, your chances for an amicable divorce increase. Regardless of how the property division goes, each of you should remain comfortable and able to maintain your existing lifestyle. You may not feel the necessity to fight over every provision in your divorce agreement.

Couples with substantial wealth do not always split amicably. However, even if your divorce ends up being contentious, you and your spouse may be more likely to fight indirectly through proxies rather than engaging in direct, face-to-face conflict.

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