Keyshia Cole has agreed to receive NO child support or spousal support in her divorce settlement with NBA star Daniel Gibson, and will both have agreed to share joint custody of their 10-year-old son.
The 'Love & Hip Hop' star and Gibson have officially settled their divorce and have agreed to cover the costs of parenting their son while he is living with each of them.
In the filing, the ex-couple also agrees not to say anything bad about the other parent or their family members.
"The Court finds that both parties waives any right to current spousal support. No court shall have jurisdiction to order any spousal support for either party at any time," the settlement reads.
It's interesting, considering most celebrities cases come with some sort of equalization payment or spousal support of some kind of the marriage. But, in this case it could be that each of them is successful and wealthy and there is no need to divide up anything.
The settlement says, "the parties shall have joint custody of the minor child (10-year-old Daniel Gibson Jr.)" and each has agreed to not receiving any child support!
Instead, the settlement says, "each party is ordered to support the minor child while the child is residing with that Party and current child support is set at zero."
Plus, they are ordered to "equally share the cost of the minor child’s tuition and aII such cost shall be timely paid directly to the minor’s school."
The two agree to split other things like birthday parties, and "shall meet and confer on any other expenses for the minor child." In the end, aII expenses shall be shared equally.
"The Parties shall have joint custody of the minor child," it reads.
They have also agreed that "both parents not to disparage the other parent or the other parent's family members in the hearing of the child, or otherwise discourage the child from spending time with the other parent."
Interestingly, they even put in a clause in case they decide to get back together!
"Any reconciliation between the Parties shall not cancel, terminate‚ modify or waive any provisions of this Judgment unless the Parties so agree in writing. However, nothing in this subsection shall be construed to waive either Party's rights in community property accrued after a reconciliation."
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