What causes arguments when dividing property?

On Behalf of | Oct 27, 2022 | Divorce, Property Division |

The divorce process is usually one riddled with disagreements and arguments. Even in an amiable and mutually decided divorce, it is inevitable that arguments of some sort will crop up eventually.

Many of these arguments will revolve around property and asset division, as this is one of the most contentious parts of divorce. What can lead to arguments in property division?

The myth of assets and asset division

According to Business Insider, financial security might have the biggest impact on arguments in property division discussions.

A big myth surrounding asset division and arguments is that couples with higher numbers of assets or net worth will actually fight more than couples with fewer things to lose. However, studies of couple divorces indicate that the arguments have more to do with financial stability or instability rather than the amount of assets in question.

How assets really relate to arguments

For example, couples with a net worth of less than $1 million tend to argue over asset division in a more survivalist way. One party might have a genuine fear that they will not be able to support his or herself without their spouse’s income.

On the other hand, couples with between $1 and $5 million in net assets have much more, but fight even more, too. This may be because they have more money, but this means they have more to lose.

And at the other end of the scale, couples with a net worth of over $5 million actually have the highest rate of amiable divorces out of any other group. This may be because they have reached a level of financial security that not even a divorce can upset.