Keeping up with the Kardashians star Kim Kardashian and her fiancé, rapper, Kanye West are currently planning their lavish wedding that is set to take place in Paris sometime this year.
To prepare for their upcoming marriage, the couple decided that it would be beneficial to have a prenuptial agreement drawn up.
According to Radar Online, Kim is worth an estimated $40 million from her clothing lines and other promotional appearances, while Kanye is worth approximately $100 million.
“The entire process for the prenup for Kim and Kanye has been extremely easy, and relatively drama-free,” a source, close to the couple, revealed. “Kanye didn’t even think the couple needed a prenup, and was ready to give Kim carte blanche to all of his financial assets. Yes, he loves Kim that much.”
“The couple are focused on the wedding and looking forward to spending the rest of their lives together,” the source continued. “Kim is head over heels in love with Kanye, and knows this is forever. Despite having been married twice before, Kim is treating this wedding as her one and only.”
The prenup states that Kim is to receive $1 million, with a cap at $10 million, for every year that she remains married to West. The home that they are currently having built will remain in Kim’s name, and she will be the recipient of West’s $20 million life insurance policy, even if they were to get divorced. Pretty generous of Kanye, don’t you think?
The prenup does not state any custody arrangements for their eight-month-old daughter North.
Image via Wikimedia Commons