Tina Knowles has officially ended her marriage to Richard Lawson and he will receive a one-time payment of $300,000.

Beyoncé's mom, Tina Knowles, has officially ended her marriage to Richard Lawson. The couple's divorce was kept low-key and has now been finalized. According to court documents, Tina has agreed to pay Richard a one-time sum of $300,000 as part of their settlement, which resolves any lingering issues between them.

The settlement recognizes that their marriage was irreconcilable and that there were differences that ultimately led to its breakdown. As part of the agreement, Tina will keep the following assets: a 2018 Tesla, a 2020 Bentley, her book deal with Penguin Random House, a one-percent ownership in Kirby Beauty Management LLC, as well as furniture, artwork, and properties in both Los Angeles and Texas. Additionally, she will retain all creative works and ideas that were developed during their marriage.

On the other hand, Richard will receive a 2021 Cadillac Escalade, multiple bank and retirement accounts, all funds owed to his company, Richard Lawson Studios, and any royalties earned. He will also keep all creative works that were produced during their marriage, as well as his Screen Actors Guild benefits and royalties. Furthermore, Tina has agreed to settle any outstanding credit card balances, ensuring that Richard will leave the marriage without any debt.

Tina and Richard, aged 70 and 77 respectively, tied the knot on April 12, 2015. However, they separated on July 25, 2023, with Tina filing for divorce the following day. Since their split, both have been seen embracing their newfound freedom. In fact, back in January, Tina celebrated her birthday with a group of friends, including Holly Robinson-Peete, Lela Rochon Fuqua, and Vivica A. Fox. It seems that both Tina and Richard are moving on and enjoying their individual lives.

[This article has been trending online recently and has been generated with AI. Your feed is customized.]