Teyana Taylor and Iman Shumpert have finalized their divorce settlement, which includes monthly child support payments and the division of assets. According to a report from the Jasmine Brand, the couple, who have two daughters, completed their settlement under the oversight of a Fulton County judge. Taylor initially filed for divorce privately in 2023 after seven years of marriage.
The judge’s ruling outlined the division of their assets and child support terms. Notably, Iman Shumpert will make a one-time seven-figure payment to Teyana Taylor. Additionally, Taylor will retain four marital properties valued at approximately $10 million. Shumpert will keep a condo in Miami and properties in South Georgia and Decatur. He is also required to pay $8,000 per month in child support and cover private school fees for their daughters. Both have kept most of their personal assets, including cars and jewelry, such as Taylor’s Bronco truck.
Their business ventures were also part of the settlement. Teyana Taylor will continue her Taylormade and Auntie’s companies, while Shumpert retains his undisclosed investments. Despite the challenges and public scrutiny of their divorce, the two have remained amicable. This has led to some attention on their social media interactions, but neither has publicly commented on the recent court developments.
Teyana Taylor has previously mentioned that there have been misleading reports about their divorce, so it’s wise to approach these details with caution. Now that their divorce is finalized, both can move forward into the next phase of their lives. While the process was likely stressful, it seems they have reached an agreement that allows them to co-parent and pursue their respective ventures amicably.