After filing for divorce early last week, Linda Marie Boella is seeking half of the assets she owns with her husband -- wrestler Terrence "Hulk Hogan" Boella -- who in-turn is seeking privacy for the Hogan Knows Best clan.

"Please respect my family's privacy at this time with all that we have been through," Hulk said in a statement issued to TMZ on Tuesday.  "I care for my wife and my children are my world and I just hope this all works out."

Linda's divorce petition, which was filed last Tuesday in Pinellas Pasco Circuit Court and obtained by E! News, states her 23-year marriage with Hulk "is irretrievably broken." 

She is asking for the equitable split of assets she owns with Hulk -- which includes two properties in Pinellas County -- one of which is the setting for their Hogan Knows Best VH1 docu-reality series, which first premiered in July 2005 and follows the daily life of the family.  The petition also states the couple is "under contract for a condominium currently being constructed in Las Vegas, Nevada."

According to the petition, if Hulk and Linda's marital assets cannot be "amicably" resolved, the properties "should be partitioned and sold."

The petition also addresses the custody of their son Nick -- who is still a minor -- asking that "parental responsibility be shared" with the "primary physical residence" being with Linda while Hulk would receive "liberal visitation and access to the child." 

In addition, Linda also asks for an unspecified amount of alimony and child support as well as for Hulk to pay for Nick's health insurance and take out a life insurance policy to cover child support for Nick if it's necessary.

Nick has been in the news recently due to his August 26 car crash in Clearwater, FL.

The 17-year-old was driving his father's 1998 Toyota Supra when he lost control and hit a raised median, spinning the vehicle and causing its rear end to strike a palm tree.  Police allege Nick was driving 60MPH at the time of the crash in a stretch of road with a 40MPH speed limit, and several witnesses have also claimed Nick was street racing and speeding prior to the crash.

Following a more than two month investigation by police, Nick was arrested on charges of reckless driving involving serious bodily injury; using a motor vehicle in commission of a felony; being a driver under 21 operating a vehicle with a breath-alcohol level of 0.02% or higher; and having illegal window tinting. He was subsequently released after posting $10,000 bail.

Nick's front-seat passenger -- 22-year-old U.S. Marine John Graziano -- spent several weeks in critical condition in a medically-induced coma.  Graziano suffered a broken skull and is expected to need lifelong care that will probably require he spend the remainder of his life in a nursing home.

Recent reports have suggested that if Graziano were to die due to injuries suffered during the crash, prosecutors would "upgrade" the charges against Nick.  In addition, Graziano's parents reportedly feel a lawsuit against the Hogans will be necessary to pay for their son's long-term care.

Hulk and Linda first met in 1983 in Los Angeles before marrying in 1984 and moving to Tampa.  In addition to Nick, the couple also has 19-year-old daughter Brooke.
About The Author: Christopher Rocchio
Christopher Rocchio is an entertainment reporter for Reality TV World and has covered the reality TV genre for several years.