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09-23-2004, 10:42 PM
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#11
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Consigliere
Join Date: Mar 2003
Location: Pelosi Land!
Posts: 9,477
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White Trash Hardball
I apologize if this had been mentioned earlier.
From today's NY Post:
- Us Weekly said Spears' prenup caused the "technical" delay, as Federline was "unhappy with how much he stood to gain if the marriage dissolved."
The prenup gives Federline only "$300,000 a year for exactly half the tenure of their marriage" — a pittance, considering Spears' $32 million bank account.
Other bombshells in the document, according to the magazine, include:
* "Britney shall have no financial obligation to contribute to the support of [Federline's] two children."
* Any gift worth more than $10,000 either gives the other "requires a legal document [stating] who will own it if they split."
* Should they split, Federline is not allowed to kiss and tell.
Oddly, the prenup also states Spears "represents to her knowledge she is not pregnant."
It also states that the wedding on Sept. 18 was meant to be staged and that [the couple] intend to marry on Oct. 16.
As first reported by The Post, Spears initially did not even want a prenup, saying she and Federline were so in love she didn't need one.
But after pressure from her mother, father, manager Larry Rudolph, lawyers and Jive Record executives, Spears agreed to have a one drawn up.
Federline, who was so broke in July his car was repossessed, apparently didn't take the news so well.
Originally, Spears was only going to give him $36,000 a year, which caused a huge fight between the two. After they made up, the prenup was amended on Sept. 17 to give him the higher amount.
So when this thing craters before the year is up [start the clock], will she have to pony up the full $300K or do you think it gets pro-rated?
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