(PatriotWise.com) – On Tuesday in Los Angeles, Kanye West and Kim Kardashian reached a divorce agreement.
Kardashian will receive $200,000 a month in child support payments for their four children from West. The prenuptial agreement between the pair stated that they would “split all assets and obligations” from their six-year marriage.
After the couple’s separation in December 2020, Kardashian filed the divorce decree two months later.
According to court filings, “respondent West shall pay petitioner Kardashian the sum of $200,000 per month as and for child support beginning December 1, 2022.”
The child support shall be paid by wire transfer to an account chosen by the Petitioner on the first day of each month.
The uninsured “healthcare, medical, and dental bills” of their children will be the joint responsibility of West and Kardashian. For as long as the insurance is offered or “until each child becomes 26, without payment from the respondent,”
Kardashian will continue to pay for the children’s insurance.
The two will divide the costs of the children’s private schooling, college costs, and private security charges.
The agreement between West and Kardashian stated that “the parties agree that during their marriage, they did not acquire any community assets together and that as of the Date of Separation and the date of this Stipulated Judgment, they held no community assets.”
West and Kardashian will participate in mediation for “at least three hours with a mutually agreed-upon retired judicial officer based in Southern California” if they cannot agree on “important matters relating to the Minor Children’s health, education, and welfare.”
Both parties must put up “good faith efforts” to settle any issues. However, suppose one party refuses to participate in mediation. In that case, the other party will have “sole decision-making power over the item(s) then in dispute,” and if they are unable to reach an agreement, they can “ask the court for relief as to those then unresolved disputes.”
The settlement postponed a trial that was scheduled to begin next month.
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