Although Christine Baumgartner was the one to file for divorce from Kevin Costner, she’s stalling the process by refusing to move out of their home. According to a prenup they signed forward of their 2004 wedding, Christine had 30 days to vacate the valuables upon filing for divorce.
Now, Kevin claims his estranged wife is defying their prenup by refusing to move. But she claims she’s simply not in a position to do so. And, while you look at the terms of their prenup closely, it seems like she has been installed an unfair scenario. Here's why.
Kevin Costner’s Wife Says She Doesn’t Have The Money To Move Out
Christine has addressed why she’s yet to move out of the home she stocks with Kevin, and her rationalization is simple – she doesn’t have the money. In courtroom documents, Christine claims Kevin is trying to “pressure me to move out with out a temporary child beef up settlement in position.”
The purse designer claims she has “no non-public source of revenue,” and that she currently doesn’t have the funds for to move out and fortify the way of life her youngsters are accustomed to, thus why she claims she should wait till she and Kevin can agree on child improve.
Christine is recently requesting $248,000 in monthly child support.
Kevin Tried To Pay His Estranged Wife To Leave Their Home
Conversely, Kevin claims he’s done all he can to get his estranged wife to move out pronto. He’s reportedly already paid Christine the $1 million their prenup entitles her to.
He’s also offered to pay up to $30,000 a month in hire until she will find a home to purchase. Once she purchases a property, their prenup stipulates Kevin will have to pay $200,000 towards the home, plus quilt the tax and insurance coverage expenses for the primary year.
“Christine has no longer moved out, regardless of more than one requests that she achieve this and regardless of Kevin’s provides to lend a hand her financially in relocation to a new residence,” his lawyers said via court documents.
“Instead, Christine has taken the placement that she is not going to move out of Kevin’s separate property place of dwelling until and till Kevin has the same opinion to more than a few financial demands,” they endured.
The couple’s house is regarded as a pre-marital asset, as Kevin bought it by himself over a decade before marrying Christine.
Kevin Is Worth $250 Million, But Their Prenup Entitles Her To Under 1%
Christine may seem like the stubborn one amid her divorce from Kevin, but when you look carefully on the phrases of her divorce, their split is going to leave her with very little when compared to what she’s used to in their nearly two-decades of marriage.
Known for films like Dancing with Wolves and The Highwaymen, Kevin has amassed a huge fortune of $250 million.
For her part, Christine is a former type and the founder of the handbag corporate, Cat Bag Couture, all of which has helped her secure an estimated personal internet worth of $7 million.
While Christine has indubitably completed well for herself, her wealth pales in comparison to the fortune of her estranged husband. But she may also feel as despite the fact that she put her career at the backburner to handle their three children, whereas Kevin has persisted to make motion pictures incessantly. He’s additionally currently the megastar of the hit display Yellowstone.
Given how much Kevin is worth, one would expect that Christine would walk away from their divorce with a generous agreement, particularly since they’ve been in combination for almost 20 years. After so long, it’s clearly not a wedding of comfort or simply for money.
However, Christine agreed to a strict prenuptial agreement before their wedding, which now entitles her to a bit more than $1 million.
Specifically, the prenup says Kevin must pay Christine $1 million with regards to divorce. It doesn’t appear this figure is influenced by the selection of years they remained married. Conversely, in many prenups, the divorce settlement is upper in longer marriages.
While $1 million is some huge cash, it pales when put next to Kevin’s net worth. Specifically, it’s not up to 1 % of Kevin’s net price.
As discussed, Kevin also has to give Christine a little bit beneath 1 / 4 of 1,000,000 to move in opposition to her new house plus pay the insurance and taxes for the first 12 months. He also should help her with rent till then, and it’s expected he’ll pay a significant amount in kid beef up for their youngsters.
But nonetheless, apparently that the prenup received’t require him to pay more than $2.Five million in general to his estranged wife, which might still simplest constitute 1% of his non-public fortune.
Although Christine agreed to the prenup, its phrases don’t seem truthful. There’s an opportunity she didn’t absolutely understand what she used to be agreeing to on the time, or most likely she really believed they’d never divorce, and it wouldn’t be a subject matter.
Kevin was reportedly insistent on signing the strict prenup as a result of what took place in his firs divorce from actress Cindy Silva. The pair have been married from 1978 to 1994 and proportion 3 children. When they break up, the court awarded Cindy an $80 million settlement, making it one of the pricey divorces in Hollywood.
When he walked down the aisle once more a decade later, Kevin it appears sought after to save you a equivalent state of affairs from happening.
Although Kevin may no longer have to pay Christine an $80 million divorce settlement, things have already gotten messy, and all this drama may now not be worth the fee, figuratively at least.
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