Schwarzenegger to Pay Out 'Very Generous Divorce Settlement'

By Kiki Von Glinow Posted Jul 5th 2011 11:00AM

According to Radar Online, after Maria Shriver officially filed for divorce from estranged husband, Arnold Schwarzenegger, the 'Terminator' reportedly agreed to give his soon-to-be ex-wife a "very generous divorce settlement."

In accordance with California law, due to a Community Property statute, all assets obtained during a marriage must be split 50/50. But according to reports, Schwarzenegger is seriously considering giving Shriver more than the state mandated sum.

"Arnold realized he is to blame for the collapse of his marriage," an inside source told Radar. "Maria was a loving wife and mother, and he doesn't think that any amount of money can minimize what he has put her through. He wants to do the right thing, and go above and beyond what is required of him under the law."

Shriver formally filed for divorce on July 1 and had previously hired investigators to ascertain just how much her husband was worth. Settlement discussions between Shriver and Schwarzenegger's lawyers have reportedly been underway for more than two months. The former California Governor, who fathered a child with the couple's longtime housekeeper, Mildred Baena, can total his egregious wealth to roughly $500-$750 million, the source divulged.

"This is going to be a very amicable divorce, and it won't be played out in the media," the source continued. "Neither one of them wants that. Arnold hasn't lost his mind, he is going to be giving away his fortune to her. He wants to show his children he is taking responsibility for his actions."

The press will be the last ones clued into the details of the divorce if the public couple has anything to do with it. Their lawyers will be conversing with a private judge who will rule on the settlement before alerting the presiding judge to the decision.

But one thing the couple has already agreed on are their views on how their two minor children -- Patrick and Christopher -- should be parented. Both Shriver and Schwarzenegger are seeking joint custody.

Tags: arnold schwarzenegger, maria shriver

Comments

(253)

Tuesday 05 July

By Patsy

Lowest Rank Vote down Vote up Report this

Smart move Arnold, Get the Kennedy out of your life!
They all treated people horrible and payback was definetly due.
Ted killed Mary Jo, and look how he betrayed Joan.
One of the most disgusting families in American History.
Karma!

By OfAlaska

Highest Rank Vote down Vote up Report this

How utterly irrelevant to this tragedy between two people, Patsy! Their lives are their own, and Arnold is being the 'mench' about it. That's 'man' in German, by the way. Teddy and family are another world (I didn't like him myself) and to drag that into this is just plain...STOOOPID!!!

By Terry

really. do you think arnold was better?

By Kelly

Patsy, you definately are not the sharpest tack in the box

By unknown

Kelly, if you're so sharp, how about spelling DEFINITELY correctly.

By michael miller

no excuse for the mental abuse he has put his wife through

By jerry

Patsy, give it up...

By tim bowles

Well, Arnie screwed up royal, but let's give him some credit, He's being a man, taking all the blame, and is not fighting about divorce splits, and is being very generous in amounts paid to her.

By fowlerno1ins

You are right on target Patsy,they have gotten away with murder in that family before.

By Fred

Arnold is typical Republican, preaching family values all the while a predator with twisted and repressed stuff going on. GOP just keeps on packin' that lil' car with clowns.

By phyllis

this sure sounds like Patsy has the hots for Arnie NEXT!!!

Kelly,you are definetly the dullest tack in the box.

By Israeline

Vote down Vote up Report this

They killed the Great Master: Karma? Nonsense. Our Father is too merciful for the Karma mess.

By Linda

You obviously think Arnold is not to blame for this breakup. And you judge one Kennedy by the actions of the families biggest azzhole. (Wait..I think the father may have been the biggest azzhole) Arnold cheated on his wife. Plain and simple. Maria deserves whatever she can get out of him.

By Santana

I'm sorry! What did you say?

By mirror mirror

@ Patsy: YOU must be a member of the Grand OLD Party. Or perhaps a TEA drinker..It must really bother you that YET ANOTHER Republican crashed and burned...Keep in mind that YOUR party that keeps preaching "family values" looks more and more like hypocrites. Remember the Moral Majority is NEITHER...

By valeskas

I guess Patsy, your husband cheats on you too, because you celebrate this cheater, what a bunch of crock you wrote, stupid just like a teabagger.

Patsy is a dummy, is a dummy and a fool.

By moudsie

Get over it -- it was a car accident -- and one of the most disgusting families == put the Bush's in the running -- one of "the boys" the one who perpetrated the Savings and Loan scam -- screwed around on his wife -- but wait, he's a GOP, so that's okay with you I guess. What about Newt Gingrich -- bet you think he's just fine too, even though he was running around on a wife who was dying of cancer and in the hospital. OMG

By Dorie

High Rank Vote down Vote up Report this

@Fred

Don't follow politics much, do you. Arnie wasn't a family values republican, he was supposed to be a fiscal conservative. He found out just how little power a governor has in California though.

Page 1 of 13