Singer Gwen Stefani and estranged husband Gavin Rossdale are one step closer to making their divorce official. Stefani filed for divorce in August 2015 after almost 13 years of marriage.
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Gwen will keep the rights to her No Doubt and solo music while Gavin will maintain the rights to his own work with Bush. Stefani will also continue presiding over her fashion lines L.A.M.B. and Harajuku Lovers, but she agreed to contribute 25% of her L.A.M.B. profits to a trust set up presumably for her kids, E!
But she will get 50% of the sale price of their Beverly Hills home and keeps two other residences in Los Angeles. Meanwhile, Rossdale will get the couple’s 2003 Range Rover Vogue V8 while Stefani will get the 2012 Land Rover, 2014 Honda Odyssey, 2015 Lexus GS350, 2015 Yukon Denali and 2013 Range Rover.
Talking about trusts, the authoritative archives state, “Gavin should give up the greater part of his energy and power as trustee or settlor of the Kingston Rossdale Gift Trust and the Zuma Rossdale Blessing Trust and Gwen might be the sole trustee and settlor of the Blessing Trusts”.
Neither will get child support or spousal support but they have apparently created an expense account which they have funded with $1million each, especially for their children.
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Sure, Gavin took less of the assets he was technically “entitled” to in the divorce, but let’s get real- he was the one to dash the marriage when he cheated on Gwen with the family’s nanny, Mindy Mann, over the span of a three year affair. The pop singer is now dating country singer Blake Shelton.
