The decision to end a marriage is usually only the beginning of the divorce process. Often, disagreements over how to reach a suitable property division settlement prolong the process indefinitely. Florida residents who find themselves embroiled in a contentious battle may find that the input from a neutral party can help them resolve the issues in a timely fashion.
After more than 17 years of marriage, the well-known guitarist, Slash, from the band Guns-N-Roses, announced that his divorce is finally settled. After several months of acrimonious disputes, the former couple have reached a property division agreement that will allow the musician to keep his cherished collection of guitars while providing generously for his former wife and children. The musician, also known as Saul Hudson, will also retain the rights to his musical compositions and his share of the proceeds from the most recent concert tour. In addition, he was awarded his pickup truck and one of the couple’s homes.
His former wife will receive more than $6 million in equity payments as well as spousal support in the amount of $100,000 per month. She was awarded physical custody of their two children for whom she will receive approximately $39,000 per month in child support. In addition, the children were awarded an estimated 0.09 percent of their father’s income over the next 20 years.
Slash originally filed for divorce from his wife in 2014. In 2016, he stated that the couple were not legally wed because a previous marriage between his wife and another man was not officially dissolved until years after the couple were married. Because the pair did not sign a prenuptial agreement, the former Mrs. Hudson would have been entitled to half of the marital assets if they had not reached an alternative agreement. Florida residents who fear that the property division aspect of their divorce will cause them to suffer financially may choose to seek the advice and counsel of an experienced family law attorney.