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Jessica Simpson's Parents

Going Halfsies

On Jessica's Death Money

4/26/2013 1:08 PM PDT BY TMZ STAFF
Exclusive Details

Jessica Simpson
's parents are splitting the baby in their divorce ... going halfsies on Jessica's massive life insurance policy.

TMZ has obtained the legal docs outlining the terms of Joe and Tina Simpson's divorce -- and Jessica's life insurance policy is just the tip of the iceberg.

Joe and Tina have also agreed to split their interest in Jessica and Ashlee's management fees ... a huge number in itself.

As for the couple's remaining division of property ... here's the breakdown:

Joe gets half of their Sherman Oaks house, all his personal effects and bank accounts, the 2012 Mercedes SLS and 2011 Mercedes S63, and a bunch of stocks ... including Twitter. He also gets $237,285 in an escrow account from the sale of their other L.A. home.

Tina gets the house in Waco, TX, over ten bank accounts, a 2010 Range Rover Sport, 2011 Porsche 997 coupe, and other stuff.

TMZ broke the story ... Joe and Tina's divorce was just finalized after 34 years of marriage.


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F*cking losers!

509 days ago


Now Joe can have alot of fun humping his gay twink boytoy gold digger or any twink in Weho.

509 days ago


If I was Jessica, I would cancel that life insurance policy today. You have to wonder if your parents love you as their child or now just see you as a commodity if they are fighting over your life insurance.

509 days ago


going halfsies on Jessica's massive life insurance
That should go to her children!

508 days ago


Tina looks scary, something like body snatched...

508 days ago


Ummm ... It seems to me that Jessica has one beneficiary and one on the way. I'm sure there are stipulations in her will regarding her estate and business empire but my guess is her children will be beneficiaries of her life insurance.

508 days ago


That should go to her children. Wow! Way to make your kid feel like she's worth more to you dead than alive. Weird!!!

507 days ago

She's baaaack    

Mama should lay off the Botox. Her face looks like it's made out of wax. Joe is just plain freaky.

507 days ago


How selfish can you get!

506 days ago


Remember Joe The Minister talking about the size of Jessica's breasts, (gag). Remember Jessica getting married to Nick L. As a virgin (?). Remember how sickening she was on that reality show, just about as sickening as her father. Pathetic people with a lot of money.

290 days ago
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