Illinois fans of actors Antonio Banderas and Melanie Griffith may have known that the couple was divorcing. On Dec. 4, that divorce was finalized after nearly 20 years of marriage and about a year and a half after they publicly announced their split. Banderas will pay Griffith $65,000 per month in spousal support for a total of $780,000 per year unless she remarries.
Each of them will keep the money they earned from projects from 1998 to 2003. The two will split the money they earned from 2004 to May 31, 2014. According to some reports, this was due to a postnuptial agreement.
The couple split art and cars. Griffith will get some furniture, clothing and jewelry while Banderas will keep some electronics and musical equipment along with his motorcycles. Banderas will also support the couple’s daughter through her 19th birthday and will pay for any costs of education through 2021.
Publicly, the couple’s divorce appeared to be civil, and its resolution suggests that this approach might be possible even in high-asset divorces. In some cases, couples will be able to work together to reach satisfactory solutions. However, even in these cases, the finances may be particularly complex, and attorneys might be helpful with issues such as dividing a business or real estate or determining what counts as marital property. Complications may also occur if one spouse feels that the other may be undervaluing or hiding assets. Both prenuptial and postnuptial agreements may make the process smoother, but they can also be challenged. Even if both spouses are high earners, one may still be obligated to pay support to the other, or one may be required to support a child. However, there may also be room for some nuance in the division of property.