Sylvester Stallone and Jennifer Flavin are back together, but their relationship still has work to do, a source reveals in the new issue of PEOPLE.
The couple – who reconciled in September a month after Flavin, 54, divorced Stallone, 76 – have “a better line of communication,” a source says a Hollywood insider, who said it wasn’t all “goodbye”. between the couple.
“They have their differences, but in a long-term marriage like theirs, it would be difficult to end it and divide their assets,” the source continues.
In fact, their fortune — estimated by some to be worth around $400 million — was the subject of controversy in Flavin’s Aug. 19 divorce filing. In court documents filed in Palm Beach, Florida, where the couple own a $36 million mansion, the Serious Skincare founder accused the Rocky star of “willful squandering of marital assets,” which, under Florida divorce law, involves excessive spending or borrowing by a spouse.
RELATED: Sylvester Stallone and Jennifer Flavin ‘Slowly Figuring Things Out’ After Reconciliation: Source
Stefanie Keenan/Getty Sylvester Stallone and Jennifer Flavin
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Stallone, who had no prenuptial agreement with Flavin, denied any wrongdoing in his response to her Aug. 29 filing. On September 21, the court granted an abatement, which suspends divorce proceedings.
Stallone and Flavin – who have been filming an upcoming Paramount+ reality series with their daughters Sophia, 26, Sistine, 24, and Scarlet, 20 – were also thinking about their girls as they discussed a solution.
“They are both family oriented,” says a source who knows the couple from the Palm Beach social scene. “That had a lot to do with their efforts to stay together.”
High-profile divorce attorney Randy Kessler, who does not represent Stallone or Flavin, says he has seen his own celebrity clients, as in the past. Real Housewives of Atlanta alum NeNe Leakes, reconciled with spouse after taking legal action.
“For people in the public eye, they share a more special bond in many ways. They are often against the world. Little can understand life,” he tells PEOPLE.
For more information on Stallone and Flavin, pick up a new issue of PEOPLEon newsstands Friday.