Itâ€™s been more than a year since Kim Kardashian filed for divorce from Ye, formerly known as Kanye West. After almost 8 years of marriage, the TV personality and businesswoman broke things off on February 19, 2021. However, it wasnâ€™t until March 2, 2022, that she was declared legally single and this is only the tip of the iceberg. The former couple still needs to resolve the division of their property and custody of their childrenâ€”details not made easy by Yeâ€™s continued obstruction of the process.
Kim and Kanye: How It Started and How Itâ€™s Going
Like Brad Pitt and Angelina Jolie or Ben Affleck and Jennifer Garner, Kim and Kanye (a.k.a. KimYe) were among the worldâ€™s most beloved celebrity couples. The highs and lows of their relationship were broadcast in real-time across the world and everything seemed peachy until 2020 when the pandemic hit and knocked them off cloud 9.
During this same period, Ye launched his ill-fated 2020 presidential campaign which would lead to a series of embarrassing public appearances the rapper would later apologize for over Twitter. The social media platform also served as a launchpad for the rapperâ€™s frequent tweetstorms, some of which alluded to his and Kimâ€™s pending split.
When Kim filed for divorce in 2021, it was reported that the couple had reached the decision amicably. The pair agreed to joint legal and physical custody of their four children and had earlier signed a prenuptial agreement which meant dividing their assets would be straightforward. Straightforward, however, was not what they got.
While their prior estate planning would protect Kimâ€™s portion of their belongings, it would do nothing to keep proceedings on track. The next 10 months would take followers on a rollercoaster ultimately culminating in Kim filing a request with the court to be legally single and move forward with the divorce. Ye and his counsel refused to cooperate and, instead, the rapper purchased a home directly across the street from Kimâ€™s Hidden Hills mansion.
The public feud escalated, playing out across Twitter and Instagram, and it took until March for a judge to grant Kim permission to change her legal status to single. This didnâ€™t mean the divorce was done, though.
Despite their prenup, Kim and Kanye have yet to settle custody of their children and division of their property. Had the couple not executed an estate plan prior to their divorce, this may have become an enormous stumbling block.
Yeâ€™s attacks on Kim would escalate to the point of him receiving a 24-hour ban from Instagram for violating policies on hate speech, bullying, and harassment. What began as an amicable divorce had long-since transformed into a bitter dispute.
To date, Kim and Kanyeâ€™s divorce remains unresolved; however, the presence of their prior legal agreements and estate planning help ensure insult cannot turn to financial injury.
Scenarios of this sort are not unique to celebrity couples. Kim Kardashian and Kanye West are joined by millions of Americans who have seen their divorce spiral out of control and into unpredictable territory. An estate plan that organizes and properly titles your property and assets protects you and your spouse by ensuring decisions made about your finances are taken in sound mind.
To learn more about avoiding complications in divorce and protecting your assets, do not hesitate to contact the Hailey-Petty Law Firm either by calling 512-910-8977 or using the contact form on our webpage.