Jennifer Lopez and Marc Anthony were once a power couple in the entertainment industry. However, their marriage came to an end in 2011 after seven years of being together. In the years since, the divorce agreement that they reached has been a topic of interest for many fans and media outlets. Here are some of the details that we know about JLo and Marc Anthony`s divorce agreement.
Financial Settlement:
One of the most significant aspects of the divorce agreement was the financial settlement reached. Marc Anthony agreed to pay Jennifer Lopez a sum of $10 million dollars in spousal support. According to reports, this was money that Jennifer had earned herself during the marriage, but Marc had some control over it.
Child Custody Arrangements:
JLo and Marc Anthony have two children together, twins Emme and Max. The divorce agreement laid out a joint custody arrangement, with the children spending equal time with both parents. The agreement also stated that both parents had to be present for any significant decision-making that affected the children`s welfare.
Division of Assets:
With both JLo and Marc Anthony being high-earning performers, there were many assets to divide between them. It is said that the divorce agreement stipulated that they split all assets acquired during the marriage equally. This included anything from their numerous homes to their stake in the Latino entertainment company, NuvoTV.
Non-Disclosure Agreement:
Finally, the divorce agreement reportedly included a non-disclosure clause. This meant that both parties were prohibited from speaking publicly about the divorce, their relationship, or their financial settlement. The agreement was designed to protect the couple`s privacy and ensure that they couldn`t profit from any media coverage of their divorce.
In conclusion, while the details of JLo and Marc Anthony`s divorce agreement may not be juicy, they were significant. The financial settlement, child custody arrangements, division of assets, and non-disclosure agreement were all essential components of the agreement. As a copy editor with experience in SEO, it`s essential to understand the interest generated by celebrity divorce agreements, and this article provides some of the critical points surrounding JLo and Marc Anthony`s divorce agreement.