Jesse Lally recently opened up about her split with Michelle Lally. He spoke about his ex-wife's allegations regarding their financial terms and spousal support. The couple featured in the show, The Valley, which premiered in March 2024. As per US Weekly, the couple filed for divorce just before the show released after their fifth anniversary. Moreover, Michelle had previously revealed that they had decided to split up back in October 2023, just after the filming of the show.
Michelle has also claimed that her former husband hasn't provided her with spousal and financial support since their split. However, Jesse has now denied these allegations.
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In an episode of Reality With the King podcast, published on Monday, May 5, Jesse spoke about her financial situation with Michelle Lally. While he said that he doesn't like to discuss it publicly, he explained that the couple were 50-50 business partners and that Michelle had access to all the financials.
He explained (via US Weekly):
"The real estate business as a whole in L.A. has been very bad for the last few years. But Michelle and I were 50/50 business partners. So if our business was hurting, we both share fault 50/50. In terms of our finances, Michelle had 100 percent access to all of our accounts — from the credit union to the credit cards, the savings accounts, checking accounts.”
He added:
“If there was spending [issues] and stuff like that, she had just as much of a fault as I did because she had complete control over that. So when she says things like that, it kind of hurts me because there’s no child support or alimony because we were partners in our business and we split our commissions 50/50 and we share custody 50/50.”
Jesse and Michelle also have a daughter named Isabella, who is four years old.
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With their relationship in such a tumultuous situation, co-parenting Isabella has been hard for Jesse and Michelle Lally. However, they have both asserted that they have her best interests. In the podcast, Jesse said that Isabella is their priority. It doesn't matter what happens with him and Michelle, but they are trying to do their utmost for their daughter, who is happy as well.
Meanwhile, Michelle also spoke to US Weekly in April about how she hopes the couple reach a peaceful place for their daughter despite their split. She said:
"But I love my daughter. It’s not funny. But all I can do is smile because I always wish that one day we will get to that place. I don’t know if it will ever happen. That is my hope because I do love my daughter and I want her to see two happy parents. So all I can do is play my role in being positive.”
Michelle Lally has also confirmed that it could take a while before they are officially divorced. They have filed for it, but the process will take time. She also expressed her annoyance that Jesse doesn't have a lawyer, making it even more complicated.
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