The ongoing divorce between Kevin Costner and his estranged wife Christine Baumgartner has taken another turn as Christine is asking for an additional $46,000 per month in child support. Currently receiving $129,000 per month, Christine claims that Kevin has more than enough financial resources to meet these demands. The couple has been engaged in a bitter battle since Christine filed for divorce in May 2023.
New legal documents reveal shocking allegations regarding Kevin Costner’s average cash flow and financial capacity. Forensics have supposedly determined that Kevin’s average cash flow over the two-year period of 2021 and 2022 was a staggering $19,248,467 per year ($1,604,039 per month). Based on this calculation and a 50/50 parenting time share, the guideline child support, which is considered legally correct in California, amounts to $175,057 per month. These figures form the basis of Christine’s request.
Upholding Family Law Principles
In her request for increased child support, Christine emphasizes the importance of upholding family law principles and ensuring that their three minor children maintain the luxurious lifestyle that Kevin’s substantial earnings and wealth have made possible. The new documents also reveal that Kevin possesses various accounts and entities with a significant cash equivalent totaling $17,293,117 as of June 30, 2023. According to Christine’s lawyers, this amount provides ample funds for Kevin to cover child support payments and the attorneys’ fees and costs for both parties.
A Glimpse Into the Couple’s History
Kevin Costner and Christine Baumgartner tied the knot in 2004 and have since welcomed three children together: Cayden (16), Hayes (14), and Grace (13). However, behind their seemingly happy family, a bitter divorce battle has unfolded. Aside from the child support dispute, Kevin has faced allegations of extramarital affairs, which he vehemently denies. Christine’s lawyers have sought documentation of any expenses related to these alleged affairs, perpetuating the mounting tension between the couple.
Financial Transparency Issues
The divorce proceedings have exposed financial transparency issues between the couple. Christine has accused Kevin of “withholding evidence,” “stonewalling,” and being “evasive” regarding his finances. She believes that Kevin’s actions have hindered the fair division of assets and the determination of an appropriate child support arrangement. However, Kevin’s lawyers assert that he does not possess concrete knowledge of any “extramarital romantic relationships” on Christine’s part, nor whether she used his money or credit cards to support these alleged affairs.
The Battle Over Prenuptial Agreement
The divorce battle between Kevin Costner and Christine Baumgartner has not only revolved around child support but also their 2004 prenuptial agreement. The prenup not only outlines the child support payments but also stipulates that Christine would receive a $1.5 million payout in the event of a divorce. However, by challenging the proposed divorce settlement, Christine risks forfeiting this substantial sum. This further complicates their already contentious dispute.
With both parties firmly entrenched in their respective positions, it seems that the divorce battle between Kevin Costner and Christine Baumgartner is far from over. The demands for increased child support, allegations of extramarital affairs, and disputes over the prenuptial agreement have created a complex and emotionally charged legal battle. As the proceedings continue, the fate of the couple’s assets and the well-being of their children hang in the balance.