Three years ago singer/songwriter Kenny 'Babyface' Edmonds and his second wife, Nicole Pantenburg, filed for divorce after seven years of marriage and one child together [click here if you missed that].
Now the divorce is final and Babyface has agreed to pay $37,000 a month in alimony and child support...
The former couple have agreed on joint legal and joint physical custody of their daughter Peyton Nicole Edmonds, 14. She is the only child between the couple but the singer also has two other children with former wife and model Tracey Edmonds.
According to the documents, Babyface, whose real name is Kenneth Edmonds has agreed to pay $37,000 per month for both child and spousal support.
The actress who has credits including That 70s Show and Chasing Papi to her name will also have her daughter’s credit card charges maintained and Babyface will continue making lease payments on the Cadillac Escalade and continue to pay the car insurance for that car as well.
Babyface will continue being the doting dad and pay for his daughter’s health insurance and private school tuition. Having this as a stipulation noted is odd normally when child support is awarded, healthcare is included in it.
Peyton is only 14 but her parents are already thinking about college. The divorce agreement says that the singer/songwriter will pay 65% of the costs for Peyton to take college tour trips. As for Nicole, will be responsible for 35% of Peyton’s costs and all of her own costs on those trips.
9 comments:
He can afford it. Ain't like he’s Nick Cannon.
These women are no fools or Instagram models. What's wrong with him that he can't hold down a marriage?
What's the big deal, it's not like it's his money.......hint...he stole it cleverly through paperwork. Most his former artists are now BROKE. But hey he stole it through paperwork so it's all good right??????? FOH
It doesn't take 37k a month to raise one child. That's insane to me. This is just greed. It should be required that if there is a child support ruling of this magnitude, 75% of the amount should go into a trust that is accessible to the minor children once they turn 18. This way these women can't use that excess money to fund their materialistic lifestyles.
Their husbands supported their materialistic lifestyles and they got used to it. No reason for the child to have to downgrade at mom's house.
Exactly! If he’s the reason for the lifestyle, why should he leave the kid too without it and actually take it from her? Anyway, with his current dating, he’ll probably do an Eddie Murphy and have a baby with a WW in her 20s. So he’ll be paying for that too but he can afford it all.
@11:52 He just might. They already both had Tracy Edmonds.
@10:33am,, I think the 37,000,00
Is a combination of both spousal support
and child support
In some threads they say he got off
good bcus she could've gotten much
more than that out of him
THIS is what ‘Male Midlife Crisis” looks like.
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