Texans who are contemplating divorce may be interested in Terrence Howard's current situation. He divorced his second wife and was ordered to pay $325,000 in alimony. The problem is, according to the actor, his income is about $6,000 per month, making him unable to meet that obligation.
While the actor has made numerous films, including 'Iron Man" and 'The Butler," in recent years, he claims he actually receives little of what he makes. According to Howard, his income is sent to his first wife before he receives any funds. After deducting child support and alimony obligations, she issues Howard a check for $5,878. The couple has two minor children.
Howard is presenting his case to the court and asking it throw out the spousal support agreement that he signed when the divorce from his second wife was finalized. According to Howard, he was pressured into agreeing to the settlement, citing extortion and blackmail, after the end of the marriage, which only lasted one year.
His second wife reportedly has a restraining order against him that says he is not allowed to come within 300 yards of her for three years. The restraining order follows the woman's claim that he kicked her and punched her. He agreed to the restraining order and has chosen to pay her legal fees, which amounted to $14,800. However, he did not admit responsibility in the case.
As Howard's case shows, high asset divorce cases can be contentious as both parties attempt to secure their financial futures after the marriage ends. In order to provide one's self with a firm financial foundation after a divorce is finalized, a person might work with a lawyer who has experience in such cases.
Source: Daily News, "Terrence Howard says he can't afford spousal support for ex-wife, only makes $6,000 a month: report", Zayda Rivera, July 28, 2014