Matt Lauer and the High Asset Divorce
Matt Lauer and the High Asset Divorce By Donna Marcus, Associate
Matt Lauer managed to amass millions while working in broadcasting, including as the long tenured co-host of the Today show. Late last year, when news of his infidelities and sexual misconduct surfaced, his reputation, career and marriage were all affected. As a result, Lauer was fired from NBC and his wife of nearly twenty years, Annette Roque, filed for divorce in January, 2018.
Roque, who had been a model, put her career on hold while married to Lauer. She focused on raising the couple’s three children which allowed Lauer to focus on his career. Time magazine estimates that Lauer has earned over $100 million while employed by NBC. The couple’s wealth has allowed them to enjoy a lavish lifestyle, including owning multiple million dollar residences, a horse farm in New Zealand and an equestrian training facility in New York.
In 2006, while pregnant with their second child and after learning of her husband’s infidelities, Roque filed for divorce from Lauer citing “mental abuse, extreme mental and emotional distress, humiliation, torment and anxiety.” Lauer, not wanting a divorce to harm his clean cut image, convinced Roque to withdraw the filing and the parties signed a postnuptial agreement. The postnuptial agreement allegedly included Lauer agreeing to pay Roque a lump sum of several million dollars, paying Roque and annual allowance and agreeing that she would get a portion of the value of the homes if they divorced in the future.
Lauer and Roque are reportedly close to a divorce settlement, whereby Roque would receive a $20 million one-time payment. There would be no child support or spousal support, but the couple would split the costs of the children. The fact that the couple had the postnuptial agreement likely helped resolve the divorce more expeditiously than others. Divorces involving high incomes and assets need to be handled extremely carefully with a practitioner who knows what to look out for so that the client’s interests are protected and the client receives the best possible outcome.
For more information on high asset divorces and other family law issues, contact Donna Marcus at firstname.lastname@example.org or 610-278-1502.