Stability v Romance: Who Thrives in Legacy Marriages?
Karen Covy, Divorce Coach, Recovering Lawyer
Coaching High Net Worth Professionals to Make Tough Personal Decisions with Confidence & to Divorce w/Less Conflict & Unnecessary Expense | Best Friend to Overworked Divorce Attorneys| Legal Futurist & AI Enthusiast
In a world where love is often considered the bedrock of marriage, the concept of a legacy marriage—where partners stay together primarily to preserve their family (and their marital assets!) both as a legacy to pass on to their children and as the basis for maintaining their own lifestyle and social status —seems out of place. Yet some would argue that the only difference between a legacy marriage and many existing long-term marriages is that in a legacy marriage you’re being honest about your relationship while in most typical marriages you’re pretending that the relationship is something that it’s not.
In both cases, the actual relationship between spouses is often the same.
Yet, while a “legacy marriage” may seem like a wonderful way for a couple to authentically create a relationship that preserves their family while also meeting their own personal needs, it’s not for everyone.
Here's a list of those who might find success with a legacy marriage and those who might struggle with it.
Who a Legacy Marriage Works For
For couples who have amassed significant wealth, engaging in a legacy marriage can be a wise strategic decision. Divorce is expensive. What’s more, it will likely halve what each partner has worked hard to accumulate. If a couple jointly owns a business (think Jeff and MacKenzie Bezos or Bill and Melinda Gates) getting a divorce can either destabilize the business or dilute the family’s ability to maintain control of it post divorce.
By staying together, a couple can maintain both their financial and business stability. They can ensure that their assets are preserved for their children.
In order for a legacy marriage to work, however, both spouses must have a clear understanding of their finances. They also need to share financial goals and be able to set aside their personal differences for the greater good of their family's financial future.
Couples who are deeply committed to providing a stable environment for their children might also find a legacy marriage appealing. This applies regardless of whether their children are minors or adults. (Even adult children can be deeply affected by their parents’ divorce.)
By staying together, parents avoid disrupting their family structure. They avoid the conflict and emotional turmoil that often go hand-in-hand with divorce.
This can work particularly well for families with special needs children, whose responsibilities as parents will likely extend long after their children are legally adults.
While divorce is much more universally accepted than it was in the past, there is still a stigma attached to it. It’s frowned upon by certain ethnic groups, religions, and social communities. What’s more, getting a divorce, and the loss of wealth it generally causes, can force people to lower their lifestyle. That, in turn, can change their social status and social groups.
While staying married for the money or the lifestyle it provides you with isn’t a popular idea at the moment, people have stayed married for exactly that reason for millennia.
If both spouses care about their reputations and their lifestyles, then maintaining a legacy marriage provides them with a good option. It can allow them to preserve their societal image and avoid the potential gossip and judgment that might follow a separation.
In order to create a legacy marriage, a couple has to be able to talk with each other. They need to have good communication skills and the ability to resolve conflicts amicably. They also have to be courageous enough to be honest with each other.
A legacy marriage that’s steeped in secrecy and subterfuge isn’t likely to last.
If a couple can discuss their issues openly, set strong boundaries, and find common ground, then they have what it takes to navigate the challenges of a legacy marriage more effectively.
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Who a Legacy Marriage Doesn’t Work For
A legacy marriage, by definition, isn’t one grounded in love. There may be affection. There should be mutual respect and understanding. But romantic love and physical intimacy are not part of a legacy marriage.
In today’s world, being in a marriage that admittedly isn’t romantically based can be a challenge.
For those who believe that emotional and romantic fulfillment in a marriage is fundamental to their happiness, a legacy marriage isn’t going to work. Living in a marriage devoid of love will leave them feeling, lonely, resentful, and unfulfilled.
If a couple is argues all the time and their relationship is filled with unresolved issues, engaging in a legacy marriage can a disaster.
Legacy marriages require a level of trust and respect that are typically missing in a high conflict relationship. They also require a level of emotional maturity that those who are locked in constant battle usually can’t muster … at least with respect to each other.
What’s more the constant tension and hostility that exists in a high conflict relationship often creates a toxic environment. The emotional and mental strain of staying in that kind of relationship will likely outweigh any potential financial or social benefits that a legacy marriage could bring.
A legacy marriage requires both partners to be on the same page regarding their long-term objectives. They don’t work well when spouses have different goals. (They especially don’t work well when one spouse wants a traditional marriage and the other doesn’t!)
In order for a legacy marriage to work, BOTH parties have to be on board with it.
Effective communication is the cornerstone of a legacy marriage. If one person struggles with (or is afraid to!) express their thoughts, feelings, and expectations clearly, ?and honestly a legacy marriage won’t work. It will only lead to misunderstandings, frustrations and (very likely) an ugly divorce.
Conclusion
Legacy marriages are not for everyone. They require a pragmatic mindset, a shared commitment to the welfare of children and financial assets, and exceptional communication and conflict resolution skills.
For some couples, a legacy marriage can provide financial and social stability. But for those couples who are looking for love in their marriage, or for those who are locked in a high conflict marriage, a legacy marriage probably won’t be a viable or healthy option.
What do YOU think? Is legacy marriage a good idea ... or not?
Are you a successful 6 or 7 figure professional, businessperson, or entrepreneur who’s struggling with their marriage or divorce? Let’s connect.
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Managing Director at John-Marshall.com Life By Design
4 个月Karen, thanks for sharing!
I’m a Certified Divorce Coach who is passionate about changing the way you experience divorce from beginning to end. I hold your heart, hear your story and guide you toward your best future.
4 个月Karen Covy, Divorce Coach, Recovering Lawyer you've really struck a nerve with this article. Marriage for love is a new invention and so the prevalence of divorce for falling out of love is also relatively new. Because we have different expectations in marriage and of each other, we have different tolerances for what behaviors are acceptable and what behaviors are not. Legacy marriages for people in the late 60s early 70s may look different than long term marriages for people in the late 50s early 60s, and maybe that's why there are more grey divorces these days. The question is what can we as a society, and women in particular, accept in a marriage in order to achieve financial stability. What are the costs? What are the benefits? Do we loosen rules of fidelity in order to achieve financial stability? I suppose the answers shift for each couple. Thanks for the article and thanks for the questions.
I help families make data driven financial decisions during life crises like divorce and death. | Founder of Wealth Analytics and Divorce Analytics. ??
4 个月Great points, Karen! Legacy marriages can indeed be a fulfilling alternative for some couples, providing stability and mutual benefits even if romantic love isn't the main focus. ????
United States Immigration Judge (Retired)
4 个月Very interesting!
Fun "Anti-CRM" for Solo Consultants Who Hate "Selling" but Love Serving Clients. Put the "relationship" back in CRM: conversations, referrals, follow-up, lead magnets, proposals. Host of the Sales for Nerds Podcast ????
4 个月Would you say that "legacy marriage" was the normal form of marriage for much of human history?