In the court documents, she was willing to give up the rights to their 4 properties in England but neither should seek spousal or child support.
- Apr 21, 2016
AceShowbiz - Gwen Stefani and Gavin Rossdale are one step closer to making their divorce official. A Los Angeles judge finalized the former couple's divorce on April 8 after reviewing a detailed judgment that splits their assets and business interests.
According to the court documents, Stefani will get to keep the rights to No Doubt music. She also gets 100 percent control over her successful fashion lines L.A.M.B. and Harajuku Lovers. However, she's agreed to put 25 percent of the profit to trust funds, presumably for the benefit of their three children.
The court docs elaborate, "Gavin shall relinquish all of his power and authority as trustee or settlor of the Kingston Rossdale Gift Trust and the Zuma Rossdale Gift Trust and Gwen shall be the sole trustee and settlor of the Gift Trusts. There shall be no withdrawals or transfer from any of the trust except in accordance to the declaration of trust establishing each trust. Gavin is entitled to receive yearly accountings of the Gift Trusts."
Meanwhile, Rossdale is entitled to all of Bush music rights. As of properties, he will get their 2003 Range Rover Vogue V8 while she will get the 2012 Land Rover, 2014 Honda Odyssey, 2015 Lexus GS350, 2015 Yukon Denali and 2013 Range Rover.
Stefani gives up her rights to any of their four properties in Europe but she does get 50|percent| of the profits from the sale of their Bev Hills house, as well as full control over their 2 other L.A. homes. None of them will get spousal or child support but they "created an expense account for the kids in which they each sunk $1 million," TMZ reported. The pair, who were married for 13 years, agree to share physical and legal custody of their three boys.
