Former U.S. Sen. Bill Frist and his ex-wife Karyn finalized their divorce last week, reports The City Paper, which also reviews court documents laying out the marital dissolution agreement.
Karyn filed for the divorce due to “irreconcilable differences” in November. Documents filed in Davidson County Circuit Court reveal that she will receive a $2.1 million lump sum of cash, along with a split of other assets.
The ex-senator will retain the couples’ vacation homes in Fort Lauderdale, Fla., and Nantucket, Mass., while Karyn has the option of occupying the “marital residence” on Bowling Avenue for the next five years. Bill, however, must allow his ex-wife access to the Nantucket home for a quarter of the time over the summer months during the next five years. If he gets remarried, he’ll have to provide her comparable alternative housing at the beach.
The former couple will also split assets from the homes, with Bill gets the mounted buffalo head from the Nashville home, among other personal items from his time in the U.S. Senate. Karyn will receive art and furnishings from the homes — and even the bathroom door from the Nantucket home.
They will also divide up various stocks and investments, but financial details were not disclosed in the filing.
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See also the Washington Post, which has a number of details. For example, the house is valued at $8 million but legally owned by three trusts set up to benefit the couple’s sons. And there are actually six country club memberships involved in the settlement.