In the midst of their acrimonious divorce, Kevin Costner is planning to hand over a substantial quantity of money to Christine Baumgartner, the woman he is no longer married to.
According to TMZ, on Tuesday, a court approved a provisional judgement requiring the actor of Yellowstone to make a child support payment of $129,000 each and every month. Although it is a considerable amount, it is only around half of what Baumgartner had been requesting from the couple in the course of their divorce.
A hearing is scheduled to take place in the next several months, during which both parties will have the opportunity to submit their case, and the provisional decision is now pending and might be revised depending on the outcome of the hearing.
The most current court documents indicate that Baumgartner and Costner will each be liable for funding fifty percent of the costs associated with the child’s health care, as well as the costs associated with attending a private school and participating in any extracurricular activities.
Baumgartner first requested that the court grant her a child support payment of 248,000 dollars each and every month, as was reported earlier this year.
According to court records acquired by ET, Baumgartner, who has three teenage children with the actor, produced a profit and loss account for Costner’s income for all sources in calendar year 2022. According to Baumgartner’s statement, Costner made $19,517,064 in 2022. The documents were given by Baumgartner.
Baumgartner retained the services of a certified public accountant to conduct a forensic examination of Costner’s “gross cash flow available for child support,” and the CPA came to the conclusion that Costner’s average monthly cash flow is $1,536,808. This information was included in a statement that was filed by the CPA.
The Certified Public Accountant (CPA) arrived at the conclusion that the amount of child support that should be paid by Costner to Baumgartner each month should be $152,681. However, if one takes into account the children’s monthly accustomed quality of life based on the living costs and housing expenses reported on Costner’s 2022 financial records, that figure should really be closer to $248,000 per month, according to the certified public accountant (CPA).
“I am conscious of the unusual nature of our way of life. I recognize that we are really fortunate to be able to live like this. In the papers filed with the court, Baumgartner was quoted as saying, “It is important to teach them family values and gratitude in addition to providing a warm and comfortable home for our children.” “It has been brought to my attention that the recommended amount of child support, which would be calculated based on Kevin’s salary in 2022, would be $152,681 per month. According to the information shown above, the amount of money required each month to keep the children’s current lifestyle is $332,264, which is equivalent to sixty percent of what our family spent.
Baumgartner, who filed for divorce in May, claims that she has been ready to move out of the family home (a point of contention brought out by Costner in court filings), but that she “cannot do so without support from Kevin.” This was originally reported by ET. Baumgartner filed for divorce in May.
The first response made by Costner to Baumgartner’s proposed monthly payment of 248,000 dollars was a counteroffer in the amount of 51,940 dollars. In later documents that Baumgartner submitted, she refuted her ex-husband’s claim that he is “doing the most he can reasonably do to make a divorce as seamless as possible for our children,” and she referred to his offer of approximately $52,000 a month as “completely inappropriate.”
The most recent draft of the judge’s decision about the mandatory child support payments that Costner is required to make also includes a requirement that Costner pay Baumgartner $200,000 for attorney’s costs, in addition to paying the forensic analyst $100,000 for their services.