Celebrity divorces can be difficult, not only because of extensive media coverage but also because one or both of the spouses may have a significant amount of wealth. In one recent divorce, a wife is attempting to obtain a large portion of her husband’s $85 million fortune as well as a large amount of additional ongoing support.
The wife of songwriter, singer, and successful music producer Timbaland filed for divorce at the end of June. She previously filed in 2013 though that case was dismissed as they attempted to reconcile. Apparently that attempt at reconciliation was not successful, as now she has not only filed again but requested many different types of financial support, including the following:
- Child support for both their biological daughter and her son from a prior relationship
- Support for private schools, summer camps, and vacations
- Life insurance
- Lump sum financial award
- Spousal support while the divorce is pending
- Rehabilitative alimony
- Permanent alimony
- Attorney’s fees
Because of the amount of money that she is seeking, it is likely that the couple did not sign any type of premarital agreement limiting the support she would receive in the event of divorce.
The amount of support she may be granted will depend on many different factors. For example, reports indicate that she does not have assets of her own, so she has no way to immediately support herself and her family. It will also depend on the amount of money Timbaland actually earned during the marriage and how much will be considered separate property if it was amassed prior to their wedding in 2008. The division of property will also depend upon state laws because, unlike Florida’s equitable division law, California is a community property state and has different methods of property distribution in divorce.
In regard to child support, Timbaland will likely be required to provide a substantial amount for their biological daughter. His wife claims that, even though he is not the biological father of her older child, Timbaland claimed the child “as his own” both privately and publicly. It remains to be seen whether or not the family court will find enough evidence to require Timbaland to provide support for a child that is not legally his own.
Overall, it seems that the divorce will involve complex issues and may require extensive negotiation and court intervention to settle them.
Discuss Your Case With an Experienced Boca Raton Divorce Attorney Today
Any divorce can have legal issues arise. However, divorces involving parties with significant assets, children, and no premarital agreement can become particularly complicated and costly. If you have a substantial financial fortune, it is imperative that you seek help from a divorce lawyer who knows how to handle this type of case. Boca Raton family law attorney Alan R. Burton has extensive experience handling all types of divorce cases, including those with a lot of money at stake. Mr. Burton will protect your best interests, so call today at 954-229-1660 for help.