Protecting What Matters Most

Study reveals attitude toward remarriage after high asset divorce

On Behalf of | Apr 20, 2017 | High Asset Divorce

As you face the many emotions of divorce, you may also find yourself considering your options for the future. Your feelings about remarriage may surprise you, and the fact that you may be having a frustrating time defending your assets likely plays a part in your convictions.

A recent study involving men and women of considerable wealth revealed some interesting trends and some division between the genders that may surprise you. On the other hand, you may be in complete agreement with the findings of the study.

Men and women differ on remarriage

While about 40 percent of affluent men see themselves and their wealth as a way to entice or pamper women, more than half of the men surveyed hope to fall in love and marry again. Nevertheless, nearly all of the men in the survey agreed that, if they remarry after their divorces, their new wives must have successful careers of their own.

Wealthy women, on the contrary, are not as eager to remarry after a divorce. In fact, 70 percent of the women in the study said they have no plans to marry ever again, and if they do, it won’t be for at least 10 years after their divorces. It is also more likely that a wealthy woman will demand a prenuptial agreement before remarrying even if the man has more money than she does.

Not always better the second time around

You may have heard the disheartening statistics regarding the divorce rates among second and third marriages. It seems that each subsequent marriage has a lower chance of long-term success. Some of the reasons may include:

  • Your second marriage may be a rebound from your first.
  • You may not have taken the time to figure out why the first marriage ended.
  • You and your second spouse may have fewer bonding experiences, such as raising children or struggling through financial hardships.
  • The older you get, the more self-sufficient you may be.

Statistics show that about half of first marriages end in divorce, but the percentage increases with each divorce. Second marriages break up 67 percent of the time, and 73 percent of third marriages end in divorce court.

Divorce strains the heart and the wallet

If this is your first divorce or your fifth, you want to be sure that your assets are protected and you receive your fair share in property division. Similarly, you certainly may have concerns about the security of your business or other holdings as your divorce unfolds. Maintaining your wealth for the future is an important consideration.

To improve your chances of a fair settlement, you may benefit from solid legal advice. A New York lawyer with extensive experience assisting clients with complex assets will be able to provide you with guidance and insight to bring about the best resolution for your circumstances.

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