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 Luci

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No wonder Arnold had a heart attack. Seems he was "very generous" with something else.

By John Paul

Get a life, people! Don't you have anything better to do? aS Eleanor Roosevelt said - "Great minds discuss ideas. Average minds discuss events. Small minds discuss people."

By larry

pretty bad that arnold is better looking than maria, man is she ugly.
and i'm not into males

Friday 08 July

By george

All of us, look into ourselves - throw no stones.

By hman570

Forgot to add who do you thinkn will make out the best in this devorice? The lawyers for sure will take a big chunk of the money for doing nothing!!!!

By Ray

We focus on this irrelevant nonsense while our sons are dying in some worthless war, or possibly, mugging old person on our streets.

By catherine

well just color me cynical...

Arnold is going to be a man and give her a lot of money becuase he is taking responsibility for his reprehensible behavior. Yeah...that's one take on the situation...

ORRRRRR...she was offered a king's ransom for a tell all book and he is going to offer her a better than state mandated settlement WITH a confidentiality clause. You pick.

Arnold is many things but stupid is not one of them. I pick the confidentiality clause and a nice settlement

By Gina

At least he owns up...as he very well should! I feel sorry for the entire family, but especially his kids! I'm sure that they are not too happy with him.

As for Katie Holmes...Ugh. She seems like such a superficial, bimbo. All she cares about is hers and her child's 'couture' clothing! Ugh...please stop about them.

Wednesday 06 July

By colliertng

OfAlaska, Arnold Schwarzenegger was born in Thal, Austria, Not Germany! And you sit there & call someone else, "STOOOPID???"

By Barb

Just remember.........there are 2 sides to every story and I'm certainly not taking Arnold's side. These holier than thou Republicans are the biggest liars, cheats, hypocrites, deceivers, etc. Let he who is without sin, cast the first stone.

By Dean

One of the BEST STATEMENTS....EVER!! I use that in sales meetings!

By Ssssuave

Why should Arnold have to pay Maria for being a good wife and mother. Yes that is generous but when are the women ever generous? They claim to love a man and then dig into his pockets for every cent after a divorce! The law already rewards the women way too much!! She didn't even clean her own house and apparently didn't satisfy her husband either. Shouldn't that call for a pay cut?

By Jessi

well atleast he's admitting his wrong doing and willing to pay the price (No pun intended). I like how he's showing resposibily very smart move and in away he's doing it on triple duty. For his illegitmet son and his legitement. Nice move in the right direction.

By Al Davis

If Maria had not been. And then again, maybe Arnie liked ones with a little meat on their bones.

By Marsh

WOW - FINALLY A CHEATER IS GOING TO "MAN UP!" JUST HOPE HE DOES IT - SOME EX-HUSBANDS/FATHERS DROP THEIR RESPONSIBILITY - THE KIND THAT NEED TO SLITHER BACK UNDER THEIR ROCK. I KNOW FROM EXPERIENCE!

By ROCKY K2

Just for the record...Arnie was a Demo in reality...check out his failure as California Gov. to prove it. What a bunch of hacks you folks are.

By Fran

Good for this couple!!! Arny is doing the right thing, and I wouldn't have expected otherwise from him. He is a good man, and Maria a good woman. Congratulations!

By anklewings

I wonder if the maid was worth it! Arnold was unfaithful way before Maria. All actors are. I know I was one of them. And believe me these actor fly girls give anything to be near an actor.

Everyone is relating one thing to another because of this or that,GOP or Dem. Kennedy or German. ETC This one is stupid,she or he is dumb,sexist,ETC. All of which proves NOTHING!

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