Los Angeles, April 21 (IANS) Singer Gwen Stefani and estranged husband Gavin Rossdale are one step closer to making their divorce official.
A judge here has finalised the couple’s divorce after reviewing a detailed judgment that splits their assets and business interests, reports aceshowbiz.com.
According to the court documents, Stefani will get 100 percent control over her successful fashion lines L.A.M.B. and Harajuku Lovers. However, she’s agreed to put 25 percent of the profit to trust funds, presumably for the benefit of their three children.
The court documents elaborate: “Gavin shall relinquish all of his power and authority as trustee or settlor of the Kingston Rossdale Gift Trust and the Zuma Rossdale Gift Trust and Gwen shall be the sole trustee and settlor of the Gift Trusts. There shall be no withdrawals or transfer from any of the trust except in accordance to the declaration of trust establishing each trust. Gavin is entitled to receive yearly accountings of the Gift Trusts.”
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.
Stefani gives up her rights to any of their four properties in Europe but she does get 50 percent of the profits from the sale of their Beverly Hills house, as well as full control over their two other Los Angeles homes.
Neither of them will get spousal or child support. The pair, who were married for 13 years, agree to share physical and legal custody of their three boys.