Particulars of Reese Witherspoon and Jim Toth’s divorce settlement revealed

The main points of Reese Witherspoon and Jim Toth’s divorce settlement have been revealed.

The “Large Little Lies” star and former CAA agent will share equal custody of their 10-year-old son, Tennessee, and can break up his bills 50-50, courtroom paperwork obtained by Web page Six Friday morning present.

Witherspoon and Toth additionally agreed to not pay one another spousal or little one assist as a result of they each earn greater than $100,000 yearly.

The previous couple additionally requested to forgo a parenting seminar as they’ve been in a position to come to an amicable settlement and acknowledged within the paperwork that they’ve been “successfully coparenting” Tennessee since they filed for divorce in March.

The Oscar-winning actress, 47, and Toth, 53, signed an NDA so their enterprise and private affairs will stay non-public; nonetheless, they did comply with divide their artwork, furnishings and different home goods.

Every can even hold his or her automobiles and financial institution accounts, and their properties have been divided based on numerous trusts. 


jim toth and reese witherspoon sitting at a table with Champagne
The main points of Jim Toth and Reese Witherspoon’s divorce settlement have been revealed.
Getty Photos for Moet & Chandon

reese witherspoon, jim toth and their kids in front of a christmas tree
The exes will share joint custody of their 10-year-old son, Tennessee, and can break up his bills 50-50.
reesewitherspoon/Instagram

jim toth and reese witherspoon holding champagne glasses
In addition they agreed to not pay one another spousal or little one assist.
reesewitherspoon/Instagram

Witherspoon — who additionally shares daughter Ava, 23, and son Deacon, 19, with ex-husband Ryan Phillippe — introduced in March she and Toth have been divorcing after practically 12 years of marriage.

The “Candy Residence Alabama” star detailed that regardless of their break up, they “have loved so many great years collectively and are shifting ahead with deep love, kindness, and mutual respect for every part we now have created collectively.”


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The exes tied the knot in 2011 at her California ranch after courting for a few 12 months.

Though they’ve solely been aside — no less than publicly — for practically 5 months, Toth already appeared to maneuver on with a brand new lady.


jim toth smiling at reese witherspoon at an awards show
The previous couple wed in 2011 after a few 12 months of courting.
Christopher Polk

The previous Quibi government and a thriller gal have been noticed vacationing in Costa Rica in July.

“They gave the impression to be staying in a set, and so they regarded actually completely satisfied, simply chilling and absorbing that pura vida vibe,” an eyewitness shared with Folks.

“It was undoubtedly romantic.”