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Jessica and Nick Settle Up on Money |
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Sunday, 31 December 2006 |
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 (TMZ) Jessica Simpson and Nick Lachey have
finally come to an agreement on who gets what in their three-and-a-half
year marriage.
TMZ has obtained documents filed in Los Angeles County
Superior Court, revealing that Simpson and Lachey both signed a
"written stipulation" on their financial dispute.
The
couple was officially divorced last June, however, they were unable at
the time to reach an agreement on dividing assets. TMZ first reported
that Jessica and Nick earned a total of $36 million during their
marriage.
Since there was no prenup, under California's community
property laws, each should have walked away with $18 million. Sources
told TMZ that Jessica offered Nick a scant $1.5 million, which he
rejected.
Sources say under
the terms of the settlement, Nick will get "significantly" more than
$1.5, but far less than $18 million. Nick agreed to the settlement in
order to avoid an ugly court battle..
According
to legal papers, Simpson and Lachey each filed financial declarations
but agreed never to disclose the financial assets of the other.
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