Michael Avenatti Makes Support Agreement with Estranged Wife, Handing Over Assets

Michael Avenatti and his estranged wife have an agreement in place for him to pay her child and spousal support, and it requires him to fork over a ton of his assets ... TMZ has learned.

According to docs filed in Orange County, a judge ordered Avenatti to pay Lisa Storie-Avenatti $37,897 per month in child support, retroactive to Jan. 1, 2018. We'll do the math for ya ... it's $454,764. The order also requires Avenatti to pay her spousal support of $124,398 per month, retroactive to Jan. 2018. That's roughly $1.5 million.

Now, cut to Dec. 4, when both parties filed docs stipulating Avenatti write child support checks for $40k now, and another in January.

As for the balance ... according to the docs, Avenatti agrees to hand over a bunch of his assets for Lisa to liquidate. The loot includes 5 luxury wristwatches -- some worth more than $50k -- a Frank Gehry sculpture, and several other expensive works of art.

Additionally, he has to hand over the keys to a 2017 Ferarri 488 GT Spider he was leasing. By the way, those go for about $300k.