amilahxo (amilahxo) wrote in ohnotheydidnt,
amilahxo
amilahxo
ohnotheydidnt

Kim Kardashian and Kanye West's prenup gives her '$1 million for each year they are married'


They are set to tie the knot in Paris on May 24 and Kim Kardashian and Kanye West are ironing out the final details of their pre-nupital agreement.
The 33-year-old reality TV star - who gave birth to the couple's first child North last summer - will received one million dollars from the rapper for each year they are wed in the event of a split, according to RadarOnline, which also reports the negotiations have been drama free as Kanye didn't even want a prenup.
They also have not put a custody clause in the contract.

A source told the website: 'The entire process for the prenup for Kim and Kanye has been extremely easy, and relatively drama free. Kanye didn’t even think the couple needed a prenup, and was ready to give Kim carte blanche to all of his financial assets.
'Yes, he loves Kim that much. There is a huge difference from Kim's prenup with Kris Humphries [Kim's second husband]… the preparation of their agreement went on for several months.
'It was long and tedious.'
According to the terms of the generous agreement Kim will get one million for each year of their marriage, up to 10 years.
Radar reports their Bel Air mansion will be in her name while Kim can keep all jewellery and gifts given to her by the rapper.
Even in the event of a couple, a source told the website, 'One of Kanye’s life insurance policies valued at $20 million will name Kim as the beneficiary.'
They have also agreed that the reality TV star can keep the money she makes from her family's show, clothing line and promotional deals.

The source told Radar: 'The couple is focused on the wedding and looking forward to spending the rest of their lives together.

SOURCE
Tags: kardashian / jenner
Subscribe

  • Post a new comment

    Error

    Comments allowed for members only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 161 comments
Previous
← Ctrl ← Alt
Next
Ctrl → Alt →
Previous
← Ctrl ← Alt
Next
Ctrl → Alt →