REVEALED: How Reese Witherspoon & Jim Toth Divided Assets In Super Efficient Divorce

More particulars about Reese Witherspoon and Jim Toth’s divorce settlement have been revealed!

ICYMI, it got here out earlier this week that the previous couple signed off on a marital dissolution settlement in addition to a parenting plan for his or her 10-year-old son Tennessee. This got here solely 4 months after they rocked the world with their breakup announcement. Not a lot was recognized about their ultimate settlement when the settlement information broke. But now, we’re lastly getting some deets into how they divided their property!

According to court docket paperwork obtained by People on Friday, Reese and Jim’s ultimate divorce decree was filed within the Circuit Court of Davidson County, Tennessee. And by the seems to be of it, they appeared very environment friendly when it got here to who stored what following the cut up. The docs acknowledged in regards to the pair, who had a prenup in place:

“All household furniture, furnishings, appliances, art, and other items of personal property have been divided to the mutual satisfaction of the parties. Each party is awarded his or her own clothing, jewelry and personal items free and clear of any and all claims of the other party.”

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They additionally agreed to maintain something they owned earlier than their wedding ceremony in March 2011. Elsewhere, the paperwork famous their automobiles and the prices of that car will go to whoever’s title is on the title.

When it comes right down to cash, Reese and Jim had separate financial institution accounts all through their marriage, and no alimony shall be owed to both of them. Making issues even simpler? The duo agreed to pay their very own lawyer charges and cut up any court docket prices with the divorce proceedings evenly between them. Wow! As for his or her 10-year-old son Tennessee, they selected to do a 50/50 joint custody plan with no little one help given to both of them.

Damn. Talk a few simple divorce! But right here’s an inneresting element in regards to the settlement. It got here with a nondisclosure settlement! The paperwork famous:

“There is a mutual desire and intent to maintain confidentiality with respect to their private, personal and business affair of every king, including … the terms of this settlement…. The Nondisclosure Agreement executed by the parties is and shall remain enforceable at all times in perpetuity.”

Obviously, these two who have been collectively for practically 12 years wish to shield their privateness. But this implies we’ll most definitely by no means get solutions from them about the actual cause behind the cut up, together with whether or not or not the 53-year-old producer allegedly cheated?! Ugh…

Well, it’s protected to say this was one of many smoothest divorce proceedings we’ve seen so removed from a Hollywood couple! Reactions, Perezcious readers? Let us know within the feedback beneath.

[Image via MEGA/WENN, Reese Witherspoon/Instagram]