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The Price of the Kevin Costner Divorce Settlement

The Price of the Kevin Costner Divorce SettlementOverview of the Kevin Costner Divorce

The Kevin Costner Divorce marked the dissolution of the marriage between actor Kevin Costner and restaurateur Cindy Silva; the Kevin Costner Divorce was finalized in 1994, which ended the 16-yearlong marriage. Although the case of the Kevin Costner Divorce, which was considered by various media outlets as a celebrity, the impact of the dissolution of a union is thought to be universal; amongst the events and undertakings within a divorce proceeding, a divorce has the potential to elicit heightened emotions, such as sadness and loss. Within the reports surrounding the Kevin Costner divorce, Cindy Silva was cited for her attempts to reconcile the marriage at all costs, even despite the alleged extramarital affairs undertaken by her husband.

The Parties Involved in the Kevin Costner Divorce

Kevin Costner has enjoyed an illustrious and widely-acclaimed acting career within which he has acted in some of the most famed and beloved films in history, including Dances with Wolves, JFK, Field of Dreams, The Untouchables, and The Bodyguard; in addition to the vast critical acclaim bestowed on Kevin Costner for these roles, he amassed a large fortune over the course of his career. While both Kevin Costner and Cindy Silva were students at the University of California at Fullerton, the couple embarked on a romantic relationship resulting in their marriage in 1978; the couple share 3 children.

The Plea of ‘No Contest’ within the Kevin Costner Divorce

An uncontested divorce is one in which both parties have reached a mutual agreement with regard to the reasons behind filing for divorce, as well as the placement of fault in conjunction to the breakdown of the marriage. In the case of the Kevin Costner Divorce, both Kevin Costner and Cindy Silva opted to file for a divorce uncontested – or unchallenged – in nature, which retained the classification of the reason for the Kevin Costner Divorce as a result, a bulk of celebrity couples undertaking divorce proceedings opt to either settle outside of court or file for divorce in an uncontested fashion in order to avoid potential media coverage and publicity:

In contrast the presumed intentions of both Kevin Costner and Cindy Silva with regard to the unchallenged file for divorce, allegation begun to fly with regard to the presumed infidelity undertaken by Kevin Costner throughout the couple marriage; however, these allegations were never substantiated –  the couple later cited irreconcilable differences with regard to the Kevin Costner divorce settlement

The Terms of the Kevin Costner Divorce Settlement

A divorce settlement will typically include 3 primary facets with regard to the terms and conditions set forth by the presiding court official who was responsible for determining spousal support – in the form of alimony, child custody – and subsequent child support payments, and the division of assets. The State of California implements a statute that recognizes joint assets accrued by a couple subsequent to marriage with regard to their classification as ‘community property’; community property was split upon the finalization of the Kevin Costner Divorce – supplemental agreements with regard to the additional furnishing of assets or monies are typically kept private. However, subsequent to the ruling of the presiding judge, the following judicial review was set forth with regard to the terms of the Kevin Costner Divorce settlement:

Despite reports of the efforts put forth by Cindy Silva to save their marriage, Kevin Costner furnished a payment of $80 million with regard to the Kevin Costner divorce settlement; the amount of this payment is considered to be amongst the largest in the history of celebrity divorces occurring within the United States