Sylvester Stallone and Jennifer Flavin have indicated they want to resolve the divorce out of court; they were married for 25 years
Sylvester Stallone and Jennifer Flavin will not reconcile, but agreed to resolve the divorce privately, according to the website RadarOline. The Rocky actor and his ex, to whom he was married for 25 years, have filed new documents informing the judge that they would like to settle the terms of their divorce out of court.
The two, however, do not have a prenup, meaning their community properties and Stallone’s $400 million fortune are at stake. In the documents, both the actor and Jennifer asked for a reduction order.meaning that all divorce applications were frozen, and the court granted the exes’ requests.
Sources have revealed that while the divorce is still moving forward, their negotiations will be done in private – also out of the public and media eyes. “The Parties agree that it is in the best interest of each of them individually, and most importantly collectively as a family, to resolve all matters relating to the dissolution of their marriage in a dignified, amicable and private manner outside of court,” the Florida file read. obtained by TMZ.
The two were married in 1997 without a prenup. That means there will be a lot to share considering Blockbuster’s long list of hits and the successful actor’s iconic franchises. Jennifer has money of her own after launching a cosmetics line called Serious Skincare, in addition to her $35 million property in Palm Beach, FL.