Wendy Williams’ divorce from Kevin Hunter has been finalized. Despite the messiness of the state of affairs, it appears the break up was not as contentious as feared.
According to courtroom paperwork, citing irreconcilable variations, a New Jersey choose decreed the divorce on Tuesday (Jan. 21). After a 9-month course of, each events are leaving the wedding happy.
In the dissolution of the union, Williams and Hunter have each agreed to forgo alimony, the cash of their joint checking account will go to Williams, and Hunter will signal over his shares in Wendy Williams Productions Inc, making Williams the only proprietor of the manufacturing firm.
Hunter obtained an undisclosed lump sum from Wendy and a severance fee in trade for his share of Wendy, Inc.
Hunter, 47, can even stay the beneficiary of Willaims’ $1 million life insurance coverage coverage if she dies. However, she has the choice to scale back the quantity on a yearly foundation. She additionally has to cowl Hunter’s medical insurance below her present coverage.
The two will break up the proceeds 50/50 of their New Jersey dwelling, which is presently in the marketplace at $1.7 million.
Separately, Hunter will be capable to stroll away along with his Rolls Royce, Ferrari, the proceeds from a second New Jersey dwelling he just lately bought, and full possession of his companies outdoors of Wendy Williams Productions, Inc.
Meanwhile, Williams, 55, will hold all of the furnishings from the marital dwelling in addition to a house in Florida, the place Williams’ dad and mom presently reside.
They will every cowl their very own authorized bills.
Williams and Hunter had been married for practically 22 years and have one youngster collectively. Hunter additionally served as Williams’ supervisor.
William filed for divorce in April 2019 after Hunter welcomed a child woman with longtime mistress Sharina Hudson.