Jessica Simpson and Nick Lachey Officially Over Moneywise
0 Comments Published by Robyn on Saturday, December 30, 2006 at 12/30/2006 02:01:00 PM.
Jessica Simpson and Nick Lachey have finally come to an agreement on who gets what in their three-and-a-half year marriage. TMZ obtained documents filed in Los Angeles County Superior Court, revealing that Simpson and Lachey both signed a "written stipulation" on their financial dispute.
The couple was officially divorced last June, however, they were unable at the time to reach an agreement on dividing assets. Jessica and Nick earned a total of $36 million during their marriage. Since there was no prenup, under California's community property laws, each should have walked away with $18 million. Sources told that Jessica offered Nick a scant $1.5 million, which he rejected.
Sources say under the terms of the settlement, Nick will get "significantly" more than $1.5, but far less than $18 million. Nick agreed to the settlement in order to avoid an ugly court battle.
According to legal papers, Simpson and Lachey each filed financial declarations but agreed never to disclose the financial assets of the other.
The couple was officially divorced last June, however, they were unable at the time to reach an agreement on dividing assets. Jessica and Nick earned a total of $36 million during their marriage. Since there was no prenup, under California's community property laws, each should have walked away with $18 million. Sources told that Jessica offered Nick a scant $1.5 million, which he rejected.
Sources say under the terms of the settlement, Nick will get "significantly" more than $1.5, but far less than $18 million. Nick agreed to the settlement in order to avoid an ugly court battle.
According to legal papers, Simpson and Lachey each filed financial declarations but agreed never to disclose the financial assets of the other.
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Labels: jessica Simpson, Nick Lachey
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