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Will a high asset wedding lead to high asset divorce?

On Behalf of | Oct 19, 2017 | Firm News |

If every Washington resident who is married answered a survey regarding why he or she chose a particular spouse, answers would greatly vary. On the flip side of that coin, if questions pertained to why people get divorced, likely no two responses would be exactly the same. However, studies show there are certain risk factors that may signal a strong propensity toward divorce. One of those has to do with how much money was spent on a wedding; apparently, a high asset weddings often leads to high asset divorce.

Many married couples struggle to make ends meet. If a spouse reluctantly forked over major money for a wedding celebration, it may ignite negative vibes from the get go, even if they are not immediately apparent. In fact, studies show those who spend in excess of $20,000 on their weddings triple their risks for divorce. Frugally speaking, those who simplify wedding celebrations by spending no more than $1,000 are less likely to end their marriages in court.

Wedding day expenses are not the only red flag signals associated with likelihood of divorce. Those who come from families where their own parents divorced are much more prone to the process themselves. Also, some say spouses known for their physical good looks are less likely to remain married to the same person for a lifetime.

If money has been a bone of contention between Washington spouses for some time, chances of a high asset divorce may be increased. Anyone who feels divorce looming in the near future may want to consult ahead of time with an experienced family law attorney. This is often the best means for gaining clarification of state laws and exploring asset protection options before heading to court.

Source: The Huffington Post, “10 Things That Make You More Likely to Get Divorced“, Sarah Klein, Oct. 18, 2017


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