Real Housewives of Orange County star Shannon Beador’s monthly payments from her ex-husband were slashed in half as part of their “private settlement” in their bitter divorce, according to documents obtained by RadarOnline.com.
Radar broke the news that they had finally come to an agreement after three long days of intense negotiation in an Orange County courthouse, with the couple declaring to a judge that they had come to a consensus together.
The RHOC star was not suffering, after court documents obtained by Radar previously revealed that she made almost $900,000 from Bravo!
Shannon was given a one-time payment of $1.4 million in order to give her half of their community property, The Blast first reported.
From the husband that she called “disgusting” and a “nickel and dimer,” Shannon walked away with the $10,000 monthly payments for an undisclosed amount of time.
"The Court finds irreconcilable differences have arisen, causing the irremediable breakdown of this relationship. Neither the passage of time, counseling or the assistance of the court, could not assist in
the repair of this marriage. Judgment of dissolution is granted. Jurisdiction was acquired over the Respondent on 12/6/17 by notice and acknowledgment of receipt. Pursuant to stipulation, the marriage shall terminate on 7/1/19," the documents obtained by Radar stated.
Scroll down through Radar’s gallery for details about RHOC Shannon’s serious pay cut.
David agreed to give Shannon a one-time payment of $1.4 million after their 17-year marriage finally ended.
The RHOC couple both confirmed that they would not move outside Orange County with their three children. The court documents obtained by Radar warned Shannon and David about how to act in front of the children. "The parties shall cooperate to promote healthy parent-child relationships between each party and each of the children, and neither party shall make derogatory remarks about the other in the presence of the children," the documents stated.
Shannon and David shared joint legal and physical custody of their teenage girls. According to the documents obtained by Radar, "The parties stipulate that it is in the best interests of the minor children to have equal contact with both parents."
David slashed his $22,500 monthly payment to Shannon in half after successfully arguing that he couldn’t afford that amount and that his wealthy wife didn’t need his money. "It is the parties' bargained-for agreement for this stipulated order that Respondent shall pay Petitioner $10,000 per month in combined child and spousal support for ten (10) years, and no more and no less than the $10,000 per month in combined child and spousal support," the documents obtained by Radar stated.
Shannon’s deal gave her $2,935 a month in child support and $7,065 a month in spousal support, totaling $10,000.
David was keeping a virtual car dealership in the divorce, retaining a 1998 Ford Expedition, a 2008 Ford Explorer, a 2011 Land Rover Range Rover, a 2017 BMW XS, a 2018 Ford Raptor Truck, a 2018 Porsche Carrera Turbo and all household items in his possession, the documents stated.
Shannon was not living above her vehicle means. She was only keeping two cars, a 2015 Cadillac Escalade and a 2018 BMW 7 Series sedan.