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LONDON — Heather Mills and former Beatle Paul McCartney have reportedly settled their very public and bitter divorce with a whopping $108 million settlement being awarded to Mills, according to Britain's the Daily Mail.
Mills, who represented herself during the divorce, will reportedly receive a lump sum of $40 million up front, with another $5 million a year until their four-year-old daughter Beatrice turns 18.
The settlement, which includes a strict confidentiality agreement, falls short of Mills initial request of up to $160 million, according to the Daily Mail.
The Mills and McCartney settlement also reportedly establishes a $2 million trust fund for their four-year-old daughter, which will gain interest until she turns 18.
"They have agreed on all points," a source told the Daily Mail. "Nothing much has changed this week. There was a deal at the beginning, but it was a complex one."
The former couple is reportedly expected in London's High Court on Monday in front of Justice Hugh Bennett in case there are any last-minute details to work out.
Mills and McCartney were married in 2002.
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