The details of Reese Witherspoon and Jim Toth's divorce settlement have been revealed one day after the exes officially dissolved their marriage.
https://t.co/Zn8T5h7Cgb- Us Weekly (@usweekly)
August 4, 2023 Witherspoon, 47, and Toth, 53, will have equal shared custody of Tennessee, 10.
They will split their son’s expenses 50-50, with the duo agreeing to not pay child support - nor spousal support - since both of them earn more than $100,000 annually.
As for the division of personal belongings, both Witherspoon and Toth have divided their furniture, art and other household items. Each will maintain their own cars and bank accounts and all their property has been divided according to various trusts.
There is also an NDA in place so their private personal and business affairs remain confidential.
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