Sylvester StalloneandJennifer Flavindid not have a prenuptial agreement when theymarried 25 years ago.
PEOPLE has learned that the exes have resolved any major issues, and are confident they can come to a divorce settlement amicably and privately out of court.
Flavin, 54,filed a petition “for dissolution of marriage and other relief"from Stallone, 76, in a Palm Beach courthouse just over a month ago, on Aug. 19.
Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human-interest stories.
Sylvester Stallone and Jennifer Flavin.Stefanie Keenan/Getty
The businesswoman/model was asking that Stallone be prohibited from selling or spending their assets during divorce proceedings, and also requesting sole use of their $35 million Palm Beach home.
Sylvester Stallone and Jennifer Flavin.Jon Kopaloff/FilmMagic
TheRockyactor’s legal team responded to Flavin’s divorce filing Aug. 29,stating in court documentsthat Stallone “has not engaged in any conduct which constitutes intentional dissipation, depletion and/or waste of marital assets.” He was also contesting her sole use of the house.
RELATED VIDEO: Jennifer Flavin Says She’ll ‘Always Cherish’ Sylvester Stallone Relationship After Filing for Divorce
“I ask for privacy for our family as we amicably move forward,” added Flavin, who shares daughtersScarlet, 20, Sistine, 24, andSophia, 26, with Stallone.
On Monday, Stallone took a walk down memory lane on Instagram, sharing a throwback photo of himselfholding hands with his estranged wife.
In addition to the snapshot of the pair, Stallone shared an old family photo of himself, his wife and their three daughters.
Hecaptioned the post, “Wonderful … "
source: people.com
