David Geffen
Information For Divorce … No Prenup
Printed
Leisure mogul David Geffen has filed for divorce, to finish his less-than-2-year marriage.
David married David Armstrong, aka Donovan Michaels — a reputation he used when he carried out as a go-go dancer — 1 12 months, 11 months in the past.
David, with the assistance of Disso Queen Laura Wasser, cited irreconcilable variations for the break up.
On the floor, that is stunning — the 82-year-old and his 32-year-old husband didn’t have a prenup.
Geffen, who Forbes says is value $8.7 BILLION, has amassed a fortune through the years, so it might appear Armstrong can be a pile of money. However Geffen has been retired for 15 years and has no earnings aside from shares and different equities, that are all separate property. Underneath California legislation, dividends from shares which are separate property are additionally separate property, so it appears Armstrong will not get a lot, if something, in the best way of money.
Geffen has been extraordinarily philanthropic, giving freely a ton of cash through the years.
Armstrong will get spousal assist, however just for 1 12 months. Underneath Cali legislation, the receiving partner will get spousal assist for 1/2 the size of the wedding. The quantity of spousal assist was not listed on the divorce doc.
TMZ Studios
Geffen says within the docs he pays spousal assist and legal professional’s charges.
