Sylvester Stallone is ‘working on divorce settlement’ with estranged wife Jennifer Flavin
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Sylvester Stallone is working on a divorce settlement with estranged wife Jennifer Flavin…
- Stallone, 76, and Flavin, 54, negotiate their divorce privately
- Documents obtained by TMZ show that they have suspended the legal proceedings
- However, the exes continue their divorce while keeping it a secret
- Stallone, worth $400 million, doesn’t have a prenup to protect his money
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Sylvester Stallone is going through his divorce from his estranged wife Jennifer Flavin.
The 76-year-old Rambo star is currently smoothing out details about a settlement with the 54-year-old former model, but legal documents obtained by TMZ revealed that Stallone has no prenuptial agreement to protect his massive $400 million fortune.
Signs of trouble in their marriage started after DailyMail.com exclusively revealed last month that Stallone had a giant tattoo of Jennifer on his right biceps, covered in a picture of Butkus, Rocky’s bullmastiff from the hit movies.
Wrapping Up: Sylvester Stallone, 76, and his estranged wife Jennifer Flavin, 54, are ironing out the details about a divorce settlement, TMZ reported Thursday; seen in March in Washington, DC
The former couple have reportedly put court proceedings on the back burner as they negotiate their divorce deals.
According to the documents, both parties have requested a discount, meaning any legal proceedings in their divorce have been paused.
However, sources related to the case, which is being conducted in Florida, note that the divorce is still ongoing.
The new tactic is apparently an attempt to keep their negotiations more private than if they were wiped out in court.
Money at stake: But the Rocky star doesn’t have a prenup, meaning his $400 million fortune isn’t protected from divorce proceedings; seen on September 14 in Rome
According to the Prohibition Decrees, the parties agree that it is in the best interest of each of them individually and, more importantly, collectively as a family, to resolve all the problems associated with the dissolution of their marriage in a dignified, amicable and personal manner. to solve. way out of court.’
Stallone and Flavin probably don’t have a prenuptial agreement due to the hasty nature of their 1997 courthouse.
Jennifer has a lot of money from her modeling career and her Serious Skincare cosmetic line, but the Cop Land star may still have to pay much of his $400 million fortune due to the lack of an existing agreement to distribute it.
It’s moving fast: Stallone and Flavin probably don’t have prenuptial agreements due to the rushed nature of their courthouse in 1997; seen in 2016 in Hollywood