Frankie Muniz and wife Paige Price announced on July 1, 2026, that they are divorcing after six years of marriage, according to E! News. The couple, who share 5-year-old son Mauz, plan to co-parent and keep running Muniz Racing jointly — a scenario Arizona's community-property law directly governs under Ariz. Rev. Stat. § 25-211.
Key Facts
| Detail | Information |
|---|---|
| What happened | Frankie Muniz and Paige Price announced divorce |
| When | July 1, 2026, after a private trial separation |
| Where | Couple resides in Arizona (Muniz relocated there in 2020) |
| Who's affected | The couple and their 5-year-old son, Mauz |
| Key statute | Ariz. Rev. Stat. § 25-211 (community property) |
| Impact | Shared business (Muniz Racing) and co-parenting must be legally resolved |
Why this matters legally
When a couple owns a business together and shares a child, divorce becomes two intertwined legal problems: dividing marital property and building a legally enforceable parenting plan. Frankie Muniz and Paige Price's stated intent to keep operating Muniz Racing together is legally possible but unusual, and it requires a formal agreement to survive.
Arizona is one of nine community-property states. Under Ariz. Rev. Stat. § 25-211, property and businesses acquired during a marriage are presumed to be community property owned equally by both spouses. Muniz Racing, launched during the marriage, would presumptively be a 50/50 community asset unless a prenuptial agreement or separate-property tracing says otherwise. The couple's plan to keep running it together means they must decide whether to continue as co-owners, have one spouse buy out the other, or sell — and memorialize that choice in their divorce decree.
The amicable tone reported by E! News matters procedurally. Arizona is a pure no-fault divorce state, so neither spouse must prove wrongdoing — one party simply must state the marriage is "irretrievably broken." An uncontested, cooperative filing typically moves faster and costs far less than a litigated one.
How Arizona law handles this
Arizona divorce requires that at least one spouse has been an Arizona resident for a minimum of 90 days before filing, under Ariz. Rev. Stat. § 25-312. Because Muniz relocated to Arizona in 2020, the couple clears the residency requirement with years to spare. Arizona also imposes a mandatory 60-day waiting period from the date the responding spouse is served before a decree can be finalized, meaning even a fully agreed divorce cannot conclude in under two months.
On property, Arizona courts divide community assets "equitably," which under Ariz. Rev. Stat. § 25-318 generally means an equal 50/50 split absent a compelling reason to deviate. A jointly owned company like Muniz Racing is typically handled one of three ways: a buyout where one spouse purchases the other's community interest, a structured co-ownership agreement allowing both to continue operating post-divorce, or a sale with proceeds divided. Business valuation — often requiring a forensic accountant — is the flashpoint, because the company's worth drives the buyout figure or the split.
For their son Mauz, Arizona law under Ariz. Rev. Stat. § 25-403 requires courts to decide legal decision-making and parenting time based on the best interests of the child. Arizona strongly favors joint legal decision-making and substantial, meaningful time with both parents. A cooperative co-parenting plan aligns with what Arizona judges already prefer, so an agreed schedule is likely to be approved with minimal court intervention. Child support is then calculated using the Arizona Child Support Guidelines, which weigh both parents' incomes and parenting-time allocation.
Arizona courts require divorcing parents of minor children to complete a court-approved parenting education program before the decree is entered — a step that applies even to amicable, uncontested cases.
Practical takeaways
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Value the business before you divide anything. If you co-own a company, hire a neutral business appraiser or forensic accountant early. In Arizona, a business built during marriage is presumptively community property under Ariz. Rev. Stat. § 25-211, and its valuation drives every other financial decision.
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Decide the ownership structure in writing. Continuing to run a business with an ex-spouse requires a formal operating or buy-sell agreement covering decision-making authority, profit distribution, exit rights, and dispute resolution. A handshake "we'll keep working together" has no legal force in a divorce decree.
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Build a detailed parenting plan, not a vague promise. Arizona courts under Ariz. Rev. Stat. § 25-403 want specifics: holiday schedules, exchange logistics, decision-making on health and education, and a communication protocol. Use our parenting time calculator to model realistic schedules.
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Estimate your full financial picture up front. Between filing fees, the 60-day minimum waiting period, and potential appraisal costs, even an amicable Arizona divorce carries real expenses. Our divorce cost estimator helps you plan for the total, and the divorce timeline tool shows realistic milestones.
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Consider mediation to preserve the working relationship. If you intend to keep doing business together, litigation can poison the professional relationship. Mediation lets both spouses shape their own property and co-parenting terms, which is especially valuable when a company's success depends on continued cooperation.
If you own a business with your spouse or share children and are considering divorce, mapping out your options before filing can save time, money, and stress. You can build a personalized divorce roadmap to understand your next steps, or find a divorce attorney in your area to discuss your specific situation.
This article discusses recent news and provides general legal commentary. It does not constitute legal advice. Every case is unique. Consult a qualified family law attorney for advice specific to your situation.