One of the most important assets involved in the Lopez-Affleck divorce is the Beverly Hills mansion. Listed for $68 million in July, the luxury property was originally purchased for $60.8 million. The division of significant real estate holdings will be a focal point in the process. According to Marilyn Chinitz, a matrimonial partner at Blank Rome LLP, who was not directly involved in the case, “They’ve been together for two years, and anything they’ve acquired in those two years is community property, which means they’ll be divided if they get anything, ” as reported by People magazine.
Chinitz also highlighted the rarity of high-net-worth individuals entering into marriages without a prenuptial agreement. “It’s very unusual for someone with a lot of wealth to not have a prenup because it secures their wealth during a separation,” he said. He added, “The only time you see someone who doesn’t have a prenup is when they’ve put most of their assets in a trust for their children, and the trust has been established and they’re not going to be part of the community.”
As part of the divorce process, both Lopez and Affleck must disclose personal information about assets they had before the marriage and those acquired post-divorce. However, any community assets recognized during the relationship will be subject to equal division.
Jennifer Lopez assets and ventures
For Jennifer Lopez, the divorce included several assets related to her career and successful entrepreneurial ventures. Income from business ventures, such as the Delola alcohol line launched in 2023, may be part of the shared community property. In addition, earnings from acting in several projects, including ‘Shotgun’, ‘The Mother’, and ‘Atleas’ during marriage, will also be considered.
His current projects include producing a series based on Emily Henry’s popular novel ‘Happy Place’, as well as serving as co-executive producer for projects related to ‘Bridgerton’. She got her first deal with Netflix in 2021, before getting married, which allows her to continue creating content for the streaming giant. Beyond her entertainment ventures, she earns a lot as a global ambassador for a top lingerie brand and she oversees her own beauty line. These business interests will be integral in the asset division process.
Ben Affleck assets and ventures
Ben Affleck, on the other hand, has a diverse portfolio of assets related to his work in film production and advertising. Along with his friend Matt Damon, Affleck founded the production company Artist Equity. The company has produced several projects, including Lopez’s documentary, ‘Air’ starring Affleck himself, and ‘The Instigators’. Upcoming projects at Artist Equity include ‘Unstoppable’ and ‘Kiss of the Spiderwoman’, the latter of which features the ‘On the Floor’ star and receives a production credit.
Artist Equity has also been involved in creating high-profile advertisements. In addition, Affleck has worked in films such as ‘Hypnotic’ and ‘The Accountant 2’ while married to Lopez. These businesses are important assets that must be dealt with in a divorce settlement.
Jennifer Lopez files for divorce from Ben Affleck amid split rumours: reports
The dissolution of Jennifer Lopez and Ben Affleck’s marriage brings to light the complexities involved in dividing shared assets and business interests between high-profile individuals. With no prenuptial agreement in place, both parties must navigate an equitable distribution of property and income. While the legal process is open, both Lopez and Affleck will continue to focus on their respective careers, ensuring that their professional endeavors can flourish despite the personal challenges that the separation has caused.