While perhaps talking about different numbers than those of us in the real world, many celebrities end up paying the same percentage of their net worth that “regular” people pay for support in a divorce case. Jennifer Lopez, was only married to her backup dancer and choreographer Cris Judd for eight months and she reportedly paid him $14 million in a settlement agreement to end their marriage. Neil Diamond was married for 25 years to Marcia Murphey and he paid her $150 million in a settlement agreement after she filed for divorce. Neil Diamond reported years later that she was “worth every penny”.
Many celebrities, like “regular people” come to an agreement on spousal maintenance rather than argue about it in court. One reason may be that they don’t want to disclose all their financial documents in court. Another reason may be that they want to control the outcome of their own divorce. When a couple divorces, they can create a settlement agreement for spousal support or they can let the court set an amount. Courts have a great deal of discretion for setting spousal support and it can be hard to guess how any given court will rule in a divorce. Taking charge of your own spousal support agreement allows parties to create an agreement that is right for their unique circumstances.
Getting Legal Help
Custody and parenting time disputes can be complicated legal matters which most people should not attempt without excellent legal representation. Experienced Family Law Attorney Jeffrey M. Bloom can help you understand your rights and make the divorce process easier. We can work with you to get through the process with dignity and respect. Contact us today at 201-868-9300.