A divorce can be a complex process for anyone, but when pre-existing assets are involved, it becomes especially complicated. In some cases, children from a previous relationship can add yet another dynamic. Generally speaking, equitable division made in a divorce decree, considers some of the aforementioned factors, as well as earning potential of the spouses, fault in the breakup of the marriage, and more. In one current high-profile case, rapper and music producer Timbaland, who was married in Virginia five years ago, just found out his wife filed for divorce. He will soon learn of the court's decision regarding equitable division.
The couple met in 2007, and decided to get married only a year later. They have a 5-year-old daughter together, and his wife has a 10-year-old from a former partner. Timbaland's wife claims that, because he has publicly acknowledged her child from a previous relationship as his own, he should be obligated to provide child support for both children.
Additionally, his wife is also seeking alimony, life insurance and funding for private school and vacations, among other things. She is further requesting rehabilitative alimony as a lump sum in addition to long-term alimony payments. Finally, she wants Timbaland to pay for her lawyer's fees. The famous producer is thought to be worth $80 million.
In some cases, a spouse will show more concern for an amicable break-up than the protection of assets. In this particular case, that may also depend on how reasonable Timbaland finds his wife's requests. As with anyone seeking to nullify a Virginia marriage, he will likely hire the appropriate legal advisors to ensure equitable division.
Source: hotnewhiphop.com, Timbaland's Wife Files For Divorce, Kevin Goddard, Oct. 16, 2013