Wondering if you can have an amicable divorce with your spouse or if the two of you are going to work it out in court? It may depend on just how much money you have.
According to some studies, divorce conflicts start to fade away when you have a minimum value of $5 million. It is easier to be amicable. If you have less than $5 million and more than $1 million, that is when socioeconomic pressures make it more likely that you and your spouse will not see eye-to-eye, and you will spend more time in court.
The issue is financial security for the future. If you and your spouse have $10 million, you have a lot of security and stability, and you both know it. If you only have $1 million, you do not have guaranteed security, so you want to work harder to get what you can out of the divorce.
"If you have less than $5 million you're not set for life," pointed out one expert in reports about the study. "Less than $5 million, you're not secure no matter who you are."
Social order also matters. Those who are actually rich know they can stay in that class even after divorce. Those who are close to being rich, but who are not actually there, want to do what they can to maintain as high of a station as possible. They actually worry about losing it. That leads to less amicable divorce cases.
Regardless of your asset levels, make sure you are well aware of the legal options you have when moving toward divorce.