Paul McCartney and Heather Mills Come to Financial Settlement


Paul McCartney and Heather Mills Come to Financial Settlement


Paul McCartney and estranged wife, Heather Mills, have reached a record divorce deal in which she will receive nearly 70 million settlement.

The bitter divorce battle between Paul McCartney and Heather Mills has almost come to an end as the former power couple finally comes to financial settlement with Mills receiving a staggering 70 million.

According to reports, Mills is said to get a lump sum payment of 15 million and an annual payment of 3.5 million per year until their daughter Beatrice, who will be four in October, reaches her 18th birthday. What's more, McCartney will also pay for all of Beatrice's living expenses, including her schooling, travel, nannies and security.

"We're extremely close to a resolution. The figures have been agreed," the Daily Mail quoted a source as saying.

The divorce settlement, which will be the largest in British history, also includes a condition that forbids both parties from talking about the marriage collapse. Meanwhile, both McCartney and Mills will continue to share joint access to their daughter.

The case, in fact, remains listed for a five-day hearing next February.

McCartney and Mills announced their separation in a joint statement released in May 2006 after a four year marriage. "Having tried exceptionally hard to make our relationship work given the daily pressures surrounding us, it is with sadness that we have decided to go our separate ways," the couple said at that time. "Our parting is amicable and both of us still care about each other very much."

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Who Gets Kicked Out? Moving Trucks Spotted at Brangelina's House After Split Announcement
  2. 'Spider-Man' Star Tom Holland Has a Secret Role in 'A Monster Calls'. Get the Details!
  3. Lady GaGa Reportedly Gives Bradley Cooper Unwanted Sexual Attention
  4. North West Serves as Flower Girl at a Wedding and Dances Adorably at the Party
  5. Exes Demi Lovato and Joe Jonas Trapped in Elevator for Four Hours. Was It Awkward?
  6. Orlando Bloom and Malin Akerman Have Steamy Threesome on Netflix's 'Easy'
  7. Mariah Carey Wears No Underwear in Sheer White Dress During Romantic Getaway With Fiance
  8. Jimmy Fallon Tries Out for 'Live! with Kelly' Co-Host. See If He and Kelly Ripa Make Great Duo
  9. Gigi Hadid Exposes Entire Boobs in Sheer Dress While Walking Runway in Milan
  10. Rep Denies Jennifer Aniston and Justin Theroux Split After She Catches Him With Ex

CELEBS PHOTO