St. Louis, MO-Celebrity divorces don’t come cheap and the richer the spouse, male or female, the bigger their payout. That’s what celebrity chef Giada De Laurentiis learned last week when she settled her divorce for her husband of 11 years, fashion designer Todd Thompson.
People reported last Friday that De Laurentiis and Thompson came to terms, making their divorce official. The magazine reported that the couple will split many of their assets 50/50, but Thompson will get even more.
He gets the couple’s $3.2 million house in Pacific Palisades and half of their bank accounts worth approximately $2 million and De Laurentiis will give Thompson 50 percent of the unpaid advances she receives from pending book projects. Thompson will also receive $9,000 a month in spousal support, People reported.
Missouri, like California where De Laurentiis and Thompson divorced, is an equitable division state, so the assets of higher earning spouses are divided and split between both spouses. That’s true even if the lesser earning spouse is a multi-millionaire like Thompson. His estimated worth is approximately $15 million while hers is $20 million.
They will share custody of their daughter but neither will pay child support.
“Todd and I share a beautiful daughter and a lifetime of great memories that we both treasure more than anything,” De Laurentiis said in a statement announcing her divorce.
The couple didn’t sign a prenuptial agreement before tying the knot, a decision De Laurentiis may be regret. Such agreements so beneficial to couples especially if they have children and must decide custody arrangements or if they have a number of financial assets they will need to divide in case of divorce. Prenuptials are a wise way to protect assets in case a marriage doesn’t work out.
Before you dismiss the idea of a prenuptial agreement, USAttorneys recommends you speak with one of our divorce or family law attorneys to discuss the pros and cons. These agreements can be very helpful for the right couple and are very hard to challenge.
Divorce has a significant impact on a couple’s life. All aspects of their life will be disrupted, including and importantly, their finances. An unfair divorce agreement can leave one spouse without the money they need to care for themselves or their children. The wrong settlement can leave a spouse destitute and living a far lower standard than they should, leaving them unable to provide for their children in the manner they were able to prior to their divorce. This is a crushing blow to a parent.
The best way to protect yourself from being undersold in your divorce settlement. Our team of divorce lawyers in Missouri can be a great asset to your case for many reasons, but one of their primary goals is to protect your financial interests. They will ensure you get the child custody arrangement and financial settlement they deserve. USAttorneys can help you find a divorce or family lawyer in your area to assist you with your case.