Kardashian Divorce, $125 Million, No Pre-Nuptial Agreement?
Whether you love ‘em or hate ‘em, the Kardashian/Jenner duo will no longer be. What’s interesting to me is the fact that there is no pre-nuptial or post-nuptial agreement in place. It appears that the empire is worth about $125 million. At the time Kris and Bruce married, Bruce was the more wealthy of the pair and Kris was a newly single mom. Obviously, she was aware of marital agreements, as she has enforced prior prenups with daughters Kim and Khloe. At the current time, it appears the Kris will most likely have to give a VERY LARGE, legally owed sum to soon-to-be ex, Bruce Jenner. Why this was not negotiated previously, before it came to this point, is a mystery to me. Perhaps this was a conscious business decision? With no marital agreement, these assets will be divided according to the rules of the State of California. They will be split 50/50. The court will decide. If you have a marital agreement (pre-nuptial or post-nuptial), you get to decide who gets what. With all this talk of money and drama (the two things Kris Jenner appears to promulgate for herself and behalf of her children) she has reportedly been highly interested in dragging this out the slow and painful way because it will increase the value of her show “Keeping Up with the Kardashians”. My hat is off to her for her business acumen. I might guess that she will recover far more than the cost of her lawyers and accountants in her divorce struggles. A question for other CPAs … does this make the cost of her divorce tax deductible as a business expense? In need of a pre-nup? Contact TLD Law here. By: Kim Onisko, CPA