Tuesday, December 16, 2008

Madonna Divorce Settlement - It'll Be A Big "Payout" to Guy Ritchie

News was just released of the Madonna divorce settlement, under which Guy Ritchie will take around $76 Million as his part of the couple's marital assets division. For more, see the Guardian's report, Madonna divorce deal 'worth £50m' to husband Guy Ritchie | guardian.co.uk, and look at People Magazine's web story, Rep: Madonna to Pay Guy Ritchie $76 Million in Divorce Settlement - People.com.

This will be one of the biggest "payouts" in celebrity cases, and will probably be the biggest one going from a high-earning female star to her husband. Also, according to some reports, it is believed the two parents will share residence of their children. Apparently, there had been hope the divorce would be settled amicably, but that was not really the case, as John Bolch points out on his blog here: Family Lore: Not So Amicable.

For information about Massachusetts divorce and family law, see the divorce and family law page of my law firm website.

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