This is the branch article for Shannon Beador and David Beador's divorce settlement. For the full net worth article, see Shannon Beador Net Worth.
Shannon Beador (born Shannon Storms) joined the cast of The Real Housewives of Orange County in 2014 for its ninth season as a "quirky yet fearless" individual alongside, Lizzie Rovsek. She was already married to her now ex-husband, David Beador, for 13 years till then.
Overview
As soon as she joined the Real Housewives crew, trouble in her marriage to Beador was brought to life after as he sent her an email about wanting to move out of the house. In the 2014 season, there was a lot of drama between the housewives relating to that email, which involved Tamra Judge and Vicki Gunvalson sticking by her side to confront him too.
The tumultuous relationship started as soon as Shannon joined the RHOC cast.
Picture Credit: Alberto E. Rodriguez, Getty Images
It was not the reason why Shannon decided to initiate the divorce though. The 10th season revealed David admitting to an eight-month-long infidelity after confrontation from her, but her statement at the time read, "Divorce is not an option, it has never been an option for me. I love my family and I will do whatever it takes to keep my family together."
The pair went to couples counseling to save the marriage. The events that followed goes like this; Shannon's confrontation with the mistress Nicole McMackin, she believes he'd never cheat on her; confrontation with her mother-in-law; remarrying for a second time at the same place they previously got married, a second honeymoon, took family trips to Mexico & Hawaii with the daughters.
The last post from Shannon including him before filing for divorce was posted on October 14, 2017.
Source: Shannon Beador, Instagram
Despite things seemingly going smooth, the 55-year-old made a sudden announcement on October 27, 2017, via Bravo TV's The Daily Dish, that they were mutually separating and would co-parent their three daughters afterward. Here's the complete timeline leading up to the announcement.
It was not smooth sailing after that either. There were a lot of complications. Here's the money side of details leading up to the finalization of the divorce settlement.
Shannon and David Beador's Divorce Settlement — The Child and Spousal Support Reduced to $10,000
In December 2017, Storms (we're assuming she'll take her maiden name again after the divorce soon) filed for divorce from David, while stating she might have to pay half of her earnings in taxes. The divorce battle went on for a year and a half, which was finally settled in April 2019 with David agreeing to the amount "to equalize the division of community property as set forth herein".
As part of the divorce settlement, she received $1.4 million in her own pocket. David also pays a total of $10,000 per month in child and spousal support. As expected, it was not an open-and-shut case.
The divorce settlement battle stretched for a long while.
Photo by David A. Walega for Getty Images
Shannon first wanted primary physical custody and joint legal custody of their kids, with David limited to visitation only. There were accusations from either side for playing games for months, and Shannon wanted to get him out of her life as soon as possible. He was then ordered to pay $30,000 per month for temporary non-taxable child and spousal support. Shannon talked to the judge to reduce the price because she "felt bad". It actually worked, and he paid $22,500 per month before the final settlement reached this year.
"I felt bad, I thought we should lower it," she told Tamra on an August 2018 episode. "So my lawyer and I talked about lowering the amount, to be nice. ... We actually settled on $22,500 a month, because that's what I need at this point."
Of course, David was still not satisfied with the amount as he believed she earned double the amount she mentioned on the papers with the show. He did pay $22,500 until the final settlement, even after requesting a decrease in February 2019. The judge had postponed the deciding moment until both parties appeared back in court for a trial in April. He got what he wanted ($10,000 only per month for child and spousal support) for that part, and the divorce finally came to an end.
The Assets Shannon and David Divided
According to the court documents received by The Blast, they would share joint legal and physical custody of their three daughters while both agreeing to not move out of Orange County for their sake. Of the $10,000 per month, $2,935 is for child support and $7,065 is for spousal support.
They were ordered not to leave Orange County so as to effectively co-parent their three daughters.
Photo: Charles Sykes for Bravo TV
While the primary physical custody of the kids was not going Shannon's way, she did get to keep the 2015 Cadillac Escalade, the 2018 BMW 7 Series Sedan, a couple of bank accounts and her entertainment company. Plus, she also agreed to pay off some credit card debt.
Meanwhile, David got the home in Corona, CA, complete rights to his construction business (Beador Construction, Inc., founded in 1996), a 1998 Ford Expedition, a 2008 Ford Explorer, a 2011 Land Rover Range Rover, a 2017 BMW XS, a 2018 Ford Raptor Truck, a 2018 Porsche Carrera Turbo and all the household items. It might seem unfair for the number of cars they each got, but the $1.4 million was for that equalizing thing. This keeps David Beador's net worth to still a cool $15 million.
Now that the divorce settlement is complete, she can't wait to focus on her venture of frozen foods. But there's still more drama to come in RHOC. Besides, the oldest of her three daughters, Sophie Beador, is already off to college after she joined the Baylor University this November. The other two are twins, Stella Beador and Adeline Beador.
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