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When a higher income means a higher chance of a divorce

Having a lot of money does not necessarily insulate Colorado couples from a divorce. Research from the Federal Reserve Board does show that a higher credit score is linked to a higher likelihood of staying in a committed relationship and that couples are more likely to split up if there is a large disparity between their credit scores. However, the American Academy of Matrimonial Lawyers reports that economic upturns usually also means an increase in divorces.

Attorneys also cite several stressors that wealthy couples face. For example, a high income does not necessarily mean that the couple also has savings. Some may have high expenditures as well. The couple could also have a significant disparity in income if one person earns all the money, and that person might also often be away at work or traveling, creating distance for the couple.

There might also be high-income couples in which both earn a lot of money, but they could still fall into traditional gender roles. If the husband manages all of the finances, this could create a strain in the marriage. One survey conducted by SunTrust Bank had 35 percent of respondents say that money was the main source of conflict in their relationship.

People may want to contact Greenwood Village, Colorado, divorce attorneys to discuss the divorce and its potential financial impact. If one person has earned all or most of the income, the other spouse might get spousal support. One person might be concerned about whether it will be possible to keep the family home, what to do if one person owns a business or who will get child custody. An attorney might be able to explain the options and assist the person through divorce negotiations or work with the person to create a strategy for going into litigation if that is necessary.

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