Spousal

Tori Spelling, Dean McDermott reach a divorce settlement

Tori Spelling and Dean McDermott are putting their married days behind them. The estranged pair settled their divorce Monday, two years after going their separate ways.

The “Beverly Hills, 90210” star and McDermott have entered a “written agreement regarding their property and their marriage,” according to a declaration filed Monday in Los Angeles County Superior Court. Details about that agreement, including custody and visitation, were not disclosed but court documents confirm the parents of five consider their divorce as an “uncontested” matter.

Court documents reveal that Spelling, 52, checked boxes requesting child support and spousal support “should be ordered” pending the judge’s approval. She also requested her legal fees to be covered.

Spelling and Canadian actor McDermott, 58, separated in June 2023 after 17 years of marriage. The TV star, born Victoria D. Spelling, filed her petition for divorce in March 2024, citing irreconcilable differences. The exes married in May 2006 and share children Liam, Stella, Hattie, Finn and Beau, who range in age from 8 to 18. When she filed her petition, Spelling requested sole physical custody of the children and joint legal custody and visitation rights for McDermott.

The “True Tori” star got candid about her decision to file for divorce during an episode of her “misSPELLING” podcast, telling listeners she was cautious about her split with McDermott taking an acrimonious turn and reflecting on how their relationship went the distance, despite outside skepticism early on. Before tying the knot, Spelling and McDermott were previously married to actor Charlie Shanian and actor-singer Mary Jo Eustace, respectively.

“And we got together and people were like, ‘Oh, I give it six months,’ and we always say, ‘Oh, we made it 18 years.’ It shouldn’t have made it 18 years and I think he would say the same thing,” she said last year. “If he and I had a real heart-to-heart, it would’ve been over a lot sooner.”

During the podcast episode, she spoke about their rocky relationship, recalling “red flags” and moving on with the marriage despite them.

McDermott had also spoken candidly about his marriage to Spelling months after news of their separation broke.

“All Tori’s ever done to this day is want me to be happy and healthy and I inflicted a lot of damage and pain on that woman,” he told the Daily Mail in November 2023. “It’s going to be living the rest of my life making amends because I took something that was really beautiful and I just tore it down year after year, day after day.”

Amid their divorce, the former spouses seemingly remained friendly. Spelling told People last year she and McDermott are “good friends” and that he remains “one of my biggest supporters.” Earlier this year, she honored McDermott with a Father’s Day post.

“Happy Father’s Day to my baby daddy and rad co- parent,” she captioned a pair of family photos.

Times editorial library director Cary Schneider and former staff writer Nardine Saad contributed to this report.



Source link

Claiming Social Security Spousal Benefits? 3 Misunderstandings You Need Clarity On.

It’s important to know the ins and outs of this often-confusing aspect of Social Security.

There are certain benefits to being married in retirement. For one thing, it’s nice to have somebody’s company at a time when you’re not working and may find yourself getting lonely and bored.

Retirement is also a time when a lot of people try to ramp up on travel. And it can be more enjoyable to have a travel partner than to take your dream trips on your own.

Two people at a laptop with a dog.

Image source: Getty Images.

When it comes to the financial side of retirement, being married also has its advantages. If you and your spouse each have some savings, you can pool your resources for a larger income.

Plus, if you’re married, it could mean that you’re eligible to receive spousal benefits from Social Security. And that extra money could come in very handy. But if you’re looking to claim spousal benefits from Social Security, it’s important to understand the ins and outs. Here are three misunderstandings you must get to the bottom of if you think spousal benefits are something you’ll end up filing for.

1. You can only claim spousal benefits if you’re married

You may start off retirement as a married couple only to decide to dissolve your relationship a few years down the line. Sometimes, too much togetherness can unveil differences that are just too difficult to overcome.

You might assume that if you get divorced, you won’t be eligible for Social Security spousal benefits. But if you were married for at least 10 years before that divorce, and you’re not remarried, then those spousal benefits should still be on the table.

2. You can only claim spousal benefits if you didn’t work

The nice thing about Social Security is that it will pay spousal benefits to people who didn’t work. But even if you did work, you may still be eligible for spousal benefits.

Let’s say you worked enough to qualify for Social Security, but your wages were much lower than your spouse’s. If the spousal benefit you’re entitled to is greater than the benefit you’re entitled to based on your own earnings record, then you’ll get that spousal benefit.

However, if your personal benefit is the larger number, that’s what Social Security will pay you. This system is more than fair, as it basically allows you to collect whichever benefit puts the most money in your pocket each month. The only thing you can’t do is double dip by collecting a spousal benefit plus your own benefit at the same time.

3. You can grow your spousal benefits by delaying your Social Security claim

If you’re claiming Social Security on your own wage history, there’s an upside to delaying your claim past full retirement age, which is 67 for anyone born in 1970 or later. For each year you do, until you turn 70, your monthly benefit gets a permanent 8% boost.

But when you’re claiming spousal benefits, there’s no sense in delaying past full retirement age. That’s because you can’t grow a spousal benefit the same way you can grow a benefit based on your own earnings record.

Social Security spousal benefits max out at 50% of what your spouse is eligible for at their full retirement age. If you claim them before reaching your full retirement age, they’ll be reduced. But they also can’t grow beyond 50% of what your spouse gets at their full retirement age.

You may end up relying on Social Security to provide quite a bit of your retirement income. So it’s important to understand how the program’s spousal benefits work, especially since they can differ from how regular retirement benefits work. Knowing the rules inside and out could prevent you from making a big mistake you regret later on.

Source link