Kim Kardashian and Kris Humphries Sign Prenup
Posted on Fri Aug 26th, 2011 10:25am PDT By X17 Staff
Kim Kardashian and new hubby Kris Humphries have ironed out a solid prenuptial agreement following their extravagant wedding in Montecito, Calif. last Saturday.
Kardashian's net worth has been estimated at around $35 million, while her NBA player hubby is only worth between $8-16 million, according to The Hollywood Reporter. But the newlyweds' bank accounts are expected to climb after the wedding, with People reportedly splashing out $2.5 million for exclusive rights to the wedding photos alone.
And it's not just Kim who needs the protection. Her family members have a fortune invested reality star's business ventures. Under California law, increases in value of a joint venture during a marriage are considered a couple's "community property," unless the prenup details otherwise.
This means the deal may not only be put in to place to protect Kim's $35 million+ in assets, it will also keep the entire Kardashian fortune intact.
When Kim's little sis Khloe tied the knot with Lamar Odom back in 2009, the pair worked out a deal which protected Odom's $33-million Lakers contract and also allowed Mrs. Odom access to a Lamar-funded joint account which pays for all of the couple's expenses, plus an "annual lump sum" of her own.
Not a bad deal!
How long will Kim and Kris's marriage last: forever or not for long?
Kardashian's net worth has been estimated at around $35 million, while her NBA player hubby is only worth between $8-16 million, according to The Hollywood Reporter. But the newlyweds' bank accounts are expected to climb after the wedding, with People reportedly splashing out $2.5 million for exclusive rights to the wedding photos alone.
And it's not just Kim who needs the protection. Her family members have a fortune invested reality star's business ventures. Under California law, increases in value of a joint venture during a marriage are considered a couple's "community property," unless the prenup details otherwise.
This means the deal may not only be put in to place to protect Kim's $35 million+ in assets, it will also keep the entire Kardashian fortune intact.
When Kim's little sis Khloe tied the knot with Lamar Odom back in 2009, the pair worked out a deal which protected Odom's $33-million Lakers contract and also allowed Mrs. Odom access to a Lamar-funded joint account which pays for all of the couple's expenses, plus an "annual lump sum" of her own.
Not a bad deal!