Katy Perry, one of the most prolific pop singers today, and Russell Brand, a British comedian and actor, are ending their 14-month-long marriage according to court documents in Los Angeles. Brand filed for divorce from Perry citing irreconcilable differences.

Rumors had been building quite a head of steam over the past few weeks that the celebrity couple was headed for divorce. Those rumors were only fueled by a pair of holiday headlines involving the couple, as they spent Christmas apart followed by Brand being seen sans wedding ring while walking the streets of London. Still, Brand assured people that he and Perry were happily married after an interview with Ellen Degeneres.

The divorce hasn't stopped the rumor train though, as there are reports indicating that Brand was the one who filed for divorce because Perry did not want to disappoint her parents, who are evangelical Christians. Another rumor says that the couple did not have a prenuptial agreement, citing an October 2010 interview where Brand said they "ain't doing no prenup."

Forbes has estimated that Katy Perry has a net worth of $44 million, while Brand is somewhere around $15 million. The couple bought a home in the Sunset Strip area of Los Angeles last summer, a piece of property that could be contentious in the divorce. Under California law, which embraces community property, Perry and Brand may have to split their property - pending the language of any prenuptial agreement.

Whatever the case may be with Perry and Brand, the assets and property involved with this multi-million-dollar couple will require careful attention by a legal professional.

Source: Huffington Post, "Katy Perry, Russell Brand Divorce: Comedian, Singer Split," Dec. 30, 2011