“Real Housewives of Orange County” star Shannon Beador has settled her divorce with her ex-husband David and will receive $1.4 million from her ex and $10,000 a month in support from him.
According to court documents obtained by The Blast, Shannon and David Beador reached a settlement over support and property.
They will share joint legal and physical custody of their three daughters and they both agreed not to move outside Orange County with the kids. He will pay her $2,935 per month in child support, plus $7,065 for spousal support for a total $10,000 a month. That number is far less than the $22,000 she was being paid on temporary.
The spousal support will cut off by an agreed upon date (which is being kept private).
Shannon keeps a 2015 Cadillac Escalade, a 2018 BMW 7 Series sedan, a couple of bank accounts and her entertainment company. She agreed to pay off certain credit card debt.
He gets a home in Corona, CA, all right to his construction business, 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.
Shannon will also receive a one-time payment of $1.4 million to equalize the division of their community property.
The settlement prevents them from having to go through with their scheduled trial and brings an end to the divorce.
As The Blast first reported, Shannon Beador filed for divorce in December 2017 from her husband David after 17 years of marriage.
Shannon originally sought primary physical custody and joint legal of their kids, wanting David to have visitation only. Shannon was awarded $22,000 a month in temporary support from David until a final decision was made.
The divorce turned nasty with each accusing the other of playing games for months.