Last year Marvin Gaye III, son of the late R&B icon Marvin Gaye, was arrested in LA after pulling a gun on his estranged wife Wendy and one of his female cousins [click here if you missed that].
Now Marvin and Wendy have settled their divorce, with Marvin retaining the rights to his father's music catalogue...
From Radar Online
Marvin Gaye’s son hashed out a settlement with his ex-Wendy – and the legendary musician’s son will walk away with a 6-figure sum and won’t have to pay spousal support.
According to court documents obtained by RadarOnline.com, this week, Marvin Gaye III and his ex submitted the agreement to the judge for approval.
Per the deal, Marvin and Wendy’s marriage will terminate on June 30, 2024.
Neither party will be paid spousal support. The agreement said, “Wife waives any and all rights to receive spousal support from Husband and understands that this waiver is final and that she may never in the future petition any court for spousal support as a result of this marriage.”
Wendy agreed to pay Marvin $375k, “as and for satisfaction of any and all reimbursement and breach of fiduciary duty issues.”
Marvin walked away with his retirement account and two businesses he established during the marriage. Wendy walked away with several bank accounts with funds totaling $1 million.
In addition, the deal stated, “During the marriage, a musical about Marvin Gaye’s life was created, which was produced in or around 2019 (“the Marvin Gaye Musical”).”
The exes agreed, “Husband is awarded any and all rights, title and interest in connection with the creation and/or production, past present or future of the Marvin Gaye Musical, all intellectual property and all royalties therefrom, whether community or separate. Wife waives any past, present or future interest therein.”
The deal said Wendy would be removed as a trustee from the Anna R. Gaye Living Trust effective immediately.
Marvin will keep his 2022 Corvette and 1963 Rolls Royce. Wendy was awarded a Mercedes AMG.
The agreement said Marvin and Wendy would keep their earnings since the date of separation.
Further, Marvin was awarded, “All property acquired … prior to the marriage, or by gift, transmutation, bequest, devise or descent during the marriage, which are already in his possession.”
8 comments:
Well alright Marvin…she must’ve cheated or wants nothing to do with him.
I have no idea who is this fool or his "wife". Sounds like both made out well in the divorce.
She wasn't entitled to heir inheritance anyway.
Who?
What talent does he have?
Good now go away.
12:54 no talent. He just gets to keep Marvin’s generational wealth, to pass on to another generation.
Acting like his grandfather that killed his father
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