Many people in New Jersey might venture to guess that two decades of marriage would mean that a couple has a chance to make it a lifetime together. Unfortunately, some couples grow apart over the years, despite the appearance of longevity. Keegan-Michael Key and his wife are one of the recent celebrity couples to go their separate ways. The couple recently officially ended their 20 years of marriage after a family law court approved their spousal support agreement.
The couple apparently reached an agreed settlement for their divorce earlier this year, but the court had not approved it until this month. Prior to the approval, records of the agreement were private. Keegan-Michael Key's wife, Cynthia Blaise, will reportedly receive $34,000 a month in alimony.
In addition to monthly payments, Blaise is entitled to a percentage of anything Key makes over $2.1 million. The agreement does cap her payments to $700,000 a year. Reportedly, Blaise also received almost $700,000 from the divorce during asset division. Not long after the divorce was finalized, Key announced an engagement to another woman on Twitter.
It is certainly difficult for any couple to reach an agreement when a relationship has come to an end. Couples in long marriages, such as this one, may experience more difficulty sorting the division of assets. Experienced family law attorneys in New Jersey can help couples with any length of marriage determine the best approach to an already painful situation. They can also assist in understanding and request appropriate and reasonable spousal support and child support payments.
Source: NY Daily News, "Keegan-Michael Key finalizes divorce settlement", Nicole Bitette, Nov. 16, 2017