It’s only been a few weeks since Adele’s representatives confirmed she had separated from husband Simon Konecki, news which shocked fans worldwide. The statement requested privacy and said they were “committed to raising their son together lovingly”.
What could this Grammy-winning superstar’s divorce settlement look like? And what could the divorce mean for her music career? We take a closer look…
Is there a prenup?
A prenuptial agreement, also known as a prenup, is a document which sets out what a couple would like to happen to their assets if they were to divorce in the future. It is signed before the wedding.
It has been reported that Adele and Simon didn’t sign a prenuptial agreement before they married.
If there is no prenup, it is the laws of the country in which a couple divorce that will determine how the assets will be divided upon divorce.
The £140 million divorce
Adele is reportedly worth more than £140 million. According to The Sun, Simon Konecki is thought to be worth around £800,000. There’s been a huge amount of speculation in the press surrounding how much the divorce could affect Adele’s net worth, with some suggesting that Simon could be entitled to up to half of the singer’s fortune. In England and Wales, the starting point for the division of assets is equality, but there are many different factors which could impact the final divorce settlement.
Of course, this is all only speculation. The lengthy and very public court battle that we have become accustomed to with other divorcing celebrities may never happen. The notoriously private couple could come to an agreement about their divorce settlement between themselves and we may never know what this arrangement is. Indeed, according to some news outlets, the division of some of their assets may already be taking place, which means they would have already come to an arrangement between themselves.
If this is the case and they can reach an agreement on the way forward, the stress on Adele, Simon and their child could be greatly reduced.
As for how the divorce could affect the superstar’s music career? We’re not too worried, as there are already rumours that a divorce album could be released by the end of the year.
Worried about what a divorce could mean for your finances? Get in touch to book your free initial consultation with one of our experienced family lawyers.
This article was written by Megan Bennie and Lauren Howells.