Quatela Chimeri, PLLC

Prenup impacts possible Weinstein, Chapman high asset divorce

Many New York residents with a considerable amount of money often utilize prenuptial agreements. Though these documents may help stipulate how certain aspects of a high asset divorce may be handled, they can still result in individuals coming out of the process with a significant settlement. The prenup of Harvey Weinstein and Georgina Chapman could result in such outcomes.

Though Chapman has not yet formally filed for divorce, she has expressed the desire to do so in the wake of the sexual harassment claims brought against her husband. Some individuals speculate that she has waited to file in order for the couple to reach their 10th anniversary, which passed recently. According to terms of their prenup, Chapman receives a larger amount of spousal support in the event of divorce the longer the couple were married.

Since this anniversary milestone has just passed, Chapman could receive $400,000 in support yearly for the next decade. The document also apparently indicates that Chapman will obtain $3 million for housing and hundreds of thousands of dollars yearly in relation to property division. As a result, the divorce settlement could result in her receiving nearly $12 million.

High asset divorce is no simple matter. Many details regarding the marital relationship, the assets themselves and other factors could impact the outcomes of such cases. If New York residents have concerns regarding their own divorces, they may wonder how to best approach their cases. By speaking with their legal counsel, they may be able to build effective strategies that help them work toward the settlement outcomes they desire.

Source: hollywoodtake.com, "Georgina Chapman Worth A Lot Of Money? Prenup Could Give Harvey Weinstein's Wife Millions, But She Could Also Lose Marchesa", Melissa Siegel, Dec. 23, 2017

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