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Jessica Simpson’s Parents Are Splitting Up Her Life Insurance Policy In Divorce!

| Filed under: Jessica SimpsonLegal Matters

joe tina simpson splitting life insurance

Remember that sneaky, sneaky, MAJOR life insurance policy Joe Simpson took out on his daughter?

Well, turns out he WON'T get to keep it to himself!

In his divorce with Tina Simpson, Joe will have to split Jessica Simpson’s life insurance policy in half.

Guess keeping it secret didn't work!

The exes have finalized their divorce, and it seems they’re keeping things pretty equal in the end.

Not only will the $4.5 million life insurance policy be divided equally, but the parents will also split interest on Jessica and Ashlee Simpson’s management fees!

They’ve also figured out a satisfactory way to split up other money and properties as Joe will keep half of their Sherman Oaks house, all his personal effects and bank accounts, the 2012 Mercedes SLS and 2011 Mercedes S63, and a many stocks.

Meanwhile, Tina gets the house in Waco, over ten bank accounts, a 2010 Range Rover Sport, 2011 Porsche 997 coupe, and much more!

Considering how nasty this split appeared to be at first, we’re happy to hear it’s all settled and finalized.

We just wonder what Jessica thinks about the life insurance policy!

[Image via Nikki Nelson/WENN.]

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5 comments to “Jessica Simpson’s Parents Are Splitting Up Her Life Insurance Policy In Divorce!”

  1. 1

    Management? Those two hillbilly gypsy daughters don't do anything…

  2. 2

    They're fucking sick assholes. Why not insist that the policy go to her children?

  3. beach says – reply to this


    That's if Jessica still lists them as beneficiaries which she CAN CHANGE AT ANY TIME because it is her policy. Guess you left that very important part out of your story. She is not obligated to leave it to them at all if she chooses not to.

  4. beach says – reply to this


    Re: HatesTheSnow – She can assign it to go wherever the hell she wants. Perez is lame and stupid and obviously doesn't know this. All she has to do is fill out a beneficary change form and sign it. Don't take so seriously everything Perez says. He does it to get reactions, and leaves out IMPORTANT parts of the true story.

  5. teeter totter says – reply to this


    Re: beach – Yes, have a good point.
    Now that she is married with a baby and another on the way, I would be very surprised if she and her husband did not get policies for each other to provide for their family.