Overview
- Multiple outlets reported Friday that Affleck gave Lopez his entire interest in the Beverly Hills estate for no payment, citing a modified property settlement and sources familiar with the deal.
- The updated stipulation makes Lopez solely responsible for broker fees, taxes, closing costs, and other expenses tied to any future sale of the property.
- The amendment was signed by Lopez on March 31 and by Affleck on April 1, with the filing reported publicly this week.
- The pair bought the home for $60.85 million in cash in 2023 and listed it in July 2024 with price cuts reported as low as $52 million, yet the house remains unsold while Lopez continues to live there.
- The filing states the transfer is treated for federal tax purposes as a move between spouses incident to divorce, a standard designation that records how the transaction will be taxed.