Posts Tagged ‘divorces’

Strange Divorce Settlements

Wednesday, December 2nd, 2009

pdstahlDivorces are hard for everyone, but when a lot of property is involved, things can get even more complex. A San Francisco divorce attorney can tell you that sometimes it helps to know that your divorce agreement isn’t as complex as you think it is. A recent post on Mental Floss has a fascinating list of 10 of the most bizarre divorce settlements of all time. A few highlights from the article are included below.

- Marvin Gaye’s lavish spending left him facing difficulties when it came to paying Anna Gordy’s alimony, so his attorneys struck up an agreement:

Gaye would record a new album and give all of the royalties to Gordy as alimony. Gaye headed into the studio and recorded the double album Here, My Dear to fulfill this deal with Gordy. Unfortunately for Gordy, critics and audiences didn’t love Gaye’s divorce-themed concept album; although today’s critics praise the album it was the singer’s worst charting record of the 1970s.

- This year, a Long Island doctor wanted his unfaithful wife to return the kidney he had donated to her or $1.5 million compensation for the sacrifice. Unsurprisingly, the courts did not recognize the request, as returning the kidney would have been disastrous for the wife’s health and organ donations are gifts, not loans.

- A Cambodian husband took the rule of equal property division very literally during his divorce last year –he cut the couple’s house in two, deconstructed his part and took the supplies back to his parent’s house.

-Writer Georges Simenon agreed to pay an exceptionally generous divorce settlement, but with one stipulation: his wife had to continue living within six miles of him so he could see his children regularly.

Image Via pdstahl [Flickr]

Celebrities Show The Value of PreNuptials

Wednesday, August 26th, 2009

john cleeseCelebrities are just like the rest of us -they fall in love, they have children, and they get divorced. By learning from the public lives of celebrities, we can easily learn lessons about our own private lives. Take for example the recent divorces of Hugh Hefner and John Cleese.

Hugh had the foresight to see the need for a prenuptial and now that he is getting a divorce, he is certainly seeing the benefit. Hugh has been married to Kimberly Conrad since 1989, when the couple signed a prenuptial agreement. When Conrad filed for divorce in 1998, she withdrew the petition after Hefner said he did not wish to get divorced. As a result, the pair modified the prenuptial agreement. Now that they are officially going through separation procedures, Kimberly will be seeking close to $10.2 million. While this sounds like a lot, keep in mind that Hugh is worth as much as $80 million. In the end, even if she gets everything she wants, the mother of two Hefner children will only be taking around an eighth of Hugh’s money and assets.

Now lets take a look at John Cleese and his divorce agreement. Cleese and his wife, Alyce Faye, were married for 16 years, but they had no children. The pair did not sign any prenuptial agreement and now John is feeling the sting of this mistake. John Cleese has been estimated to be worth around $27 million and his wife will be taking $12 million in the divorce -that’s almost half of his worth! In fact, the settlement will leave Faye with more money than the Monty Python alumni. Faye originally demanded even more money, claiming that Cleese’s celebrity status had allowed her to become accustomed to “being entertained by royalty and dignitaries in castles.”

As you can see, the difference in these divorce agreements is staggering. While these celebrities may be on a different financial level than you, they can still help you realize the importance of a prenuptial agreement. If you are engaged, getting a prenuptial agreement written by a San Francisco divorce attorney can be one of the smartest decisions you can ever make.

For more information on Hef’s separation, read the full article in Courthouse News Service. To learn more about Cleese and his divorce, please enjoy the article in the SFGate. Photo Via Lord Biro [Flickr]