Anonymous wrote:I can’t believe all these people saying 1.6M is good money for 20 years of work for a middle aged woman who has no pension, no 401k, and gave up her career. I think fair would be 5-10M. I agree with PP that prenups should have force but I think in the family law context the judges can look to whether the terms are unconscionable in context. If I were KC’s lawyer, I’d advise settling it out in the 5-10 range. It’s possible they’ve tried that and she’s holding out for more.
Anonymous wrote: He claims she spent over $2 million on plastic surgery last year. He rips her for making public that he broke the news about their divorce to their kids on a 10-minute video call, saying that is "most upsetting to me" in this process.
but mostly, he does not want his child support payments to cover his soon-to-be ex-wife's cosmetic surgery procedures.
Anonymous wrote:He should care. He has children and they are old enough that all their friends are talking about this. Also, Kevin isn't that young anymore. He could die tomorrow and this would be his legacy. He should wrap this up, pursue some good projects, and put something better in people's recent memory.Anonymous wrote:Anonymous wrote:I don't know all the details, but after being married for so long couldn't they have agreed on a COLA for the $1M and in return she signs an NDA? Then the divorce is over quickly, no bad press for Kevin, and they move on. $1M is a good sum, but I can see how after 20 years of marriage that sum has eroded due to inflation. The prenup is binding, but asking nicely for a COLA may have worked and it could have benefited him to avoid this embarrassing circus.
Posters keep bringing this up as if he cares.
Anonymous wrote:Anonymous wrote:I can’t believe all these people saying 1.6M is good money for 20 years of work for a middle aged woman who has no pension, no 401k, and gave up her career. I think fair would be 5-10M. I agree with PP that prenups should have force but I think in the family law context the judges can look to whether the terms are unconscionable in context. If I were KC’s lawyer, I’d advise settling it out in the 5-10 range. It’s possible they’ve tried that and she’s holding out for more.
And, on top of that, he funded her two business attempts- one even before the marriage and one during the marriage Both failed.
Plus, if she was even mildly smart, she could have funded her IRAs.
She can live off the 1.5 mil/year in child support next five years - lets say she spends:
around 240K/year in housing;
About 120k/year in education (a high estimate since she only has to pay half of it;
About 20k/year in extracurricular activities for kids; Dad pay the other half
About 30k/year in clothing for children (crazy I known, but God only knows since they are accustomed to the best);
About 100k in food and entertainment for kids and her (high # but they are probably used to expensive vacations and restaurants, and take outs, etc); At least one week of vacation she can take his Aspen place free of charge per his offer btw
About 50k in health insurance; dad has to pay for half as well;
Let’s throw in another 100k for “incidentals” because why not? They are rich people and have expensive taste…
This all come to a grand total sum of $660k/year.
Her child support is about 1.440mil/year, so that leaves $780k for her to invest if she is wise. In five years, that would total 3.9mil. Plus the 1.4 (or is it 1.6?) mil she already has under the prenup.
Since she has had two failed business attempts, I would hope she does not try a third time and just plain invest that money/income while she has it.
She is set!
She didn’t give up a career though. She never had one.
He should care. He has children and they are old enough that all their friends are talking about this. Also, Kevin isn't that young anymore. He could die tomorrow and this would be his legacy. He should wrap this up, pursue some good projects, and put something better in people's recent memory.Anonymous wrote:Anonymous wrote:I don't know all the details, but after being married for so long couldn't they have agreed on a COLA for the $1M and in return she signs an NDA? Then the divorce is over quickly, no bad press for Kevin, and they move on. $1M is a good sum, but I can see how after 20 years of marriage that sum has eroded due to inflation. The prenup is binding, but asking nicely for a COLA may have worked and it could have benefited him to avoid this embarrassing circus.
Posters keep bringing this up as if he cares.
Anonymous wrote:I don't know all the details, but after being married for so long couldn't they have agreed on a COLA for the $1M and in return she signs an NDA? Then the divorce is over quickly, no bad press for Kevin, and they move on. $1M is a good sum, but I can see how after 20 years of marriage that sum has eroded due to inflation. The prenup is binding, but asking nicely for a COLA may have worked and it could have benefited him to avoid this embarrassing circus.
Anonymous wrote:I can’t believe all these people saying 1.6M is good money for 20 years of work for a middle aged woman who has no pension, no 401k, and gave up her career. I think fair would be 5-10M. I agree with PP that prenups should have force but I think in the family law context the judges can look to whether the terms are unconscionable in context. If I were KC’s lawyer, I’d advise settling it out in the 5-10 range. It’s possible they’ve tried that and she’s holding out for more.
Anonymous wrote:I can’t believe all these people saying 1.6M is good money for 20 years of work for a middle aged woman who has no pension, no 401k, and gave up her career. I think fair would be 5-10M. I agree with PP that prenups should have force but I think in the family law context the judges can look to whether the terms are unconscionable in context. If I were KC’s lawyer, I’d advise settling it out in the 5-10 range. It’s possible they’ve tried that and she’s holding out for more.
Anonymous wrote:I can’t believe all these people saying 1.6M is good money for 20 years of work for a middle aged woman who has no pension, no 401k, and gave up her career. I think fair would be 5-10M. I agree with PP that prenups should have force but I think in the family law context the judges can look to whether the terms are unconscionable in context. If I were KC’s lawyer, I’d advise settling it out in the 5-10 range. It’s possible they’ve tried that and she’s holding out for more.