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 nemo

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Corrections to misspelled words: heal, there

By bobbyN corpus

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Typical Republican hatrid, it reaches beyond teh grave.

By Tony

At least Arny is not going for a long drawn out court battle. He is taking the blame and giving more than he has to. Probably because if anyone has ever seen Maria when she is uber mad you would know where they got the idea for what the Predator looks like. Good move Arny.

By firstamendment3

Another Republican for Defense of Marriage...

By JudeThom

Sara,

People forget, rather naively, that after years and years many men seek variety and diversity, and so they stray. Age old story to be sure but since these kinds of stories always make the news, the world never tires of hearing about it.

Wednesday 06 July

By Tom

"after years and years many men seek variety and diversity, and so they stray."

And women just don't do this huh? Please...

By joe

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Two thoughts: 1) Yeah, she really needs the money. How could she possibly survive with only her own tens/hundreds of millions?
2) Just think if he gives her two thirds of everything he has he will have struggle by with only two or three hundred million dollars. The horror!

By Vicki

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Sorry. You can't buy your way out of people thinking you are a dirt bag for putting your family through this. I don't care how much money you have or are willingly give up. Fact is, your initial action says a lot about you.

By J V L

Through what?

How many tens of thousands of women in CA are going through the same thing right now?

The difference is: they aren't high profile, their husbands will not be generous in their settlements, and the women don't have high-powered attorneys issuing PR statements every other day in order to gain public sympathy.

Suck it up, Maria. You'll live--and you'll be rich in the process.

By rappabrit

I just wish everyone would concentrate on their Mistakes and Foibles instead of wasting time judging others.
Their Divorce has nothing to do with anyone except their Family.
Always know that - those that throw stones are either Ignorant or will be hit by a Stone eventually. So close your Trailer doors and go to Work - stop judging others.

By mike

Trailors are for the rich folk where I live .We live in a cardboaerd box but we do have cable .

By JD

Mike...ROFLMAO...Good one..still laughing!!

By reikigirl0712

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I think it takes "two" in a marriage to make it work, last time I checked. No man strays for no reason ~ and every woman knows when her man is unfaithful. Whether they want to admit it or not. Why should he be so generous? Doesn't Maria have ENOUGH money already????? Talk about greed.

Cha-Ching!.

By laughin@stupid

lol did he have any other way out of it ??? i think not and its no ones business not sure why so called media feels the need to paste this all over

By Katie

So which popeater article is correct? The ones earlier that said there WAS a pre-nup, or this one, that says there is not??

By RonRuthNik

The Terminator terminates well, doesn't he?

Grandpanator .

By jkg418

Arnold will pay cuz he has too much dirty laundry she could spill. I'm no fan of hers but I always wondered why she married him. It certainly wasn't love.

By Henry

Thee Arnold is just attempting to buy back his respect and fame, so he can "look good" to the general public and win-back his "graces' with/from the Kennedy/Shriver clan. "When the crotch is hot, the brain is not" Arnold!

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