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Solid prenup avoids conflicts in Kim-ye divorce

On Behalf of | Feb 26, 2021 | High Asset Divorce

When Dallas residents read about divorces on the Internet or hear about someone’s experience, they are most likely to hear how long the process took and how acrimonious it was at the end. It is rare to come across a divorce where the parties split amicably. However, Kim Kardashian West and Kanye West’s divorce promises to be just that.

Property Division

One of the most contentious aspect to any divorce is the division of property, whether it is a high asset divorce or not. As one can imagine, the property at stake for the West couple is a lot. Kardashian gets most of her income from her beauty, fragrance and shapewear lines. Her fortune amounts to $900 million. Kanye’s net worth is just a little over $3 million, coming in mostly from his shoe and apparel line. Combined, they have a huge net worth. Despite this, their divorce is uncomplicated.

Throughout their marriage, the couple has kept their money and business interest separate from one another. Their only joint property is a mansion in California that is worth $60 million, where Kim is currently living with their four children. Other than this property, the two do not have to settle anything else. This is mainly because the couple came into the marriage with solid prenuptial agreements and are not contesting them.

Child custody

The couple has four children together, between the ages of 21 months and 7 years. Kardashian wants joint physical and legal custody of the children. Joint custody gives children the opportunity to remain close to both parents.

So far, their divorce seems relatively uncomplicated legally and it is expected to remain this way. This demonstrates the benefit of a good prenuptial agreement—couples already know who gets what in case the marriage ends. Couples about to get married who want to keep up with the Kardashians in this aspect may want to consult an experienced attorney to learn what a prenup should include.