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Papa Joe adamant Ashlee and Pete sign prenup
Singer’s dad wants avoid his 2nd daughter having to pay divorce settlement
 Matt Sayles / AP Pete Wentz won't be getting a big payday if he and new wife, Ashlee, ever split. Her dad, Joe, has insisted on a prenup. |
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 Time for ‘Nine’ Dec. 10: Penelope Cruz and Nicole Kidman hit the red carpet at the Mann Village Theatre in Westwood, Calif. where they talk about auditioning for their new film, "Nine." |
LOS ANGELES - Though Ashlee Simpson and Pete Wentz had a “Wonderland”-themed wedding, when it came to their financial affairs, the couple was reportedly very much grounded in reality.
The newlyweds have signed a prenuptial agreement, according to OK! Magazine.
The magazine also reports that Ashlee’s father, Joe Simpson, was adamant about a prenup between Ashlee and Pete with the hopes of avoiding another possible Nick and Jessica situation, where Jessica was reportedly forced to pay Nick more than $10 million following their divorce.
Though Ashlee is not bringing in the same big bucks her older sister does, the younger of the Simpson girls is worth around $6 million, according to OK!
Joe is optimistic that Ashlee and Pete can build on their existing wealth with a reported upcoming reality show featuring the newlyweds.
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