Kevin Costner has been ordered to pay $129,000 per month in child support to his estranged wife, Christine Baumgartner, amid their contentious divorce.https://t.co/899I1nChe6
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A judge signed a tentative ruling ordering Costner to pay $129,000 per month in child support.
While the sum is significant, it’s only around half of what Baumgartner had been asking for in their divorce.
The tentative ruling is pending and subject to possible change depending on an upcoming hearing in the next few months, in which both parties will have a chance to present their arguments.
According to the recent court docs, both Costner and Baumgartner will each be responsible for covering 50 percent of health care expenses, as well as the cost of private school tuition and any extracurricular activities.
According to court documents, Baumgartner provided a 2022 profit and loss statement for Costner’s income for all sources in calendar year 2022 and claims Costner earned $19,517,064 in 2022.
Accountant hired by Baumgartner to perform a forensic analysis of Costner’s “gross cash flow available for child support,” the CPA concluded that Costner’s average monthly cash flow is $1,536,808. The CPA determined that the monthly guideline child support due from Costner to Baumgartner is $152,681. But that number should actually be $248,000 per month, the CPA said, when factoring in the children’s monthly accustomed standard of living based on the living expenses and residence expenses.
The judge’s latest tentative ruling on Costner’s mandated child support payments also includes a stipulation that Costner pay Baumgartner $200,000 for attorney’s fees, as well as $100,000 for the forensic analyst’s fees.
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