"It's going great because I have a wonderful wife and mother," Martin said of fatherhood. As for a name, the 67-year-old demurred, "We've thought about the name quite a bit. Conquistador. What do you think? I didn't want to go with one of those Hollywood weird names. Conquistador is a statement."
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The actor was previously wed to actress Victoria Tennant from 1986 to 1994. Martin recently collaborated with singer Edie Brickell. Their new album, “Love Has Come for You,” was released April 23.