All posts tagged: community property

JLo paying more for Beverly Hills house could complicate already tense Ben Affleck divorce negotiations: Report | Hollywood

JLo paying more for Beverly Hills house could complicate already tense Ben Affleck divorce negotiations: Report | Hollywood

Published by Parlour News

Jennifer Lopez and Ben Affleck‘s initial no-prenup arrangement is conjuring up stormy clouds of tension in an already chaotic divorce. In August 2024, the singer-actress filed for divorce from her estranged partner, citing irreconcilable differences as the reason for the separation. The year is almost nearing its end, and somehow, the majority of these months have all been about Bennifer 2.0’s failure.  Ben Affleck and cast member Jennifer Lopez attend a premiere for the film “This Is Me… Now: A Love Story” in Los Angeles, California, U.S. February 13, 2024. (REUTERS) In addition to the gossip surrounding their marriage and eventual separation bombarding headlines, the messy conversation about the Gigli co-stars’ divorce has also been centred around their expansive, multi-billion marital home in Beverly Hills. Since Ben and Jen didn’t sign a prenuptial agreement determining how courts would split up their assets in case of divorce, the sandwiched property has become a contentious source of further division between them.  Also read | Blake Lively buries alleged Anna Kendrick feud to rid herself of ‘villain’ image …

Jennifer Lopez and Ben Affleck’s split ‘has the potential to get ugly’ as they have no… | Hollywood

Published by Parlour News

Jennifer Lopez and Ben Affleck, who have been married for two years, are reportedly having difficulty reaching an agreement, and it “has the potential to get ugly,” per People, particularly because the couple doesn’t have a prenup. Actor Ben Affleck, left, and actor-singer Jennifer Lopez attend the premiere of “The Last Duel” on Oct. 9, 2021, in New York. (Evan Agostini/Invision/AP) The couple eloped at The Little White Chapel in Las Vegas and did not sign a prenuptial agreement before their marriage. In her divorce filing, Lopez listed their separation date as April 26, 2024, and noted that their assets were “unknown.” Under California state law, only the income and assets acquired during their marriage are considered community property and subject to division. This includes their $60.8 million Beverly Hills mansion, which they purchased last year, as well as various projects and endorsements they have undertaken since tying the knot. Currently, Lopez and Affleck are engaged in mediation, a process that offers a less formal and faster alternative to a traditional divorce. ALSO READ| Jennifer …