Reese Witherspoon And Jim Toth Have Settled Their Divorce Four Months After Announcing Their Split, And Here Are All The Details,The divorce settlement comes weeks after Reese got candid about trying to be her “most honest, forthright self” amid the “speculation” surrounding their split.
Reese Witherspoon And Jim Toth Have Settled Their Divorce Four Months After Announcing Their Split, And Here Are All The Details
In late March, Reese Witherspoon and Jim Toth shared in a joint statement that they’d made the “difficult decision to porce” after 11 years of marriage.
TMZ reported Wednesday that the exes signed a marital dissolution agreement, as well as a parenting plan for their 10-year-old son, Tennessee James Toth. Reese also shares two children — Ava, 23, and Deacon, 19 — with her first husband, Ryan Phillippe.
On top of this, it says they will “encourage” their child to “continue to love the other parent and be comfortable in both families” while providing “a loving, stable, consistent and nurturing relationship with the child even though they are porced.”
The outlet reports that Jim and Reese’s shared assets — including “property, all household furniture, furnishings, appliances, art, and other personal items” — have been pided to the “mutual satisfaction” of both parties.
In addition, the filings note that each of them will hold on to their respective clothing, jewelry, and “other unique things,” including “vehicles, hotel, airline, and credit card points.”
So, as far as we can tell, it seems Reese and Jim’s porce proceedings have been relatively straightforward, which hardly comes as a surprise in the wake of reports that their split was “a long time coming.”
“There’s no big scandal or drama, just two people who essentially became coparents and don’t really have any romantic feelings for each other anymore,” a source told Page Six soon after their porce was announced.
In spite of this, there’s been speculation that the couple’s respective business ventures played a part in the decision to part ways — namely the $900 million sale of Reese’s production company, Hello Sunshine, which saw her crowned the richest woman in Hollywood in 2021.
One source told Radar Online back in March that things started to go “horribly wrong” when Jim left his position at talent and sports agency CAA to join Quibi — a short-lived streaming service that shuttered only six months after it went live in 2020.
And then, when Reese sold her production company the following year, the pair found themselves heading in “different directions,” with “more money than either of them could ever figure out what to do with.”
Needless to say, neither party has commented on these reports. However, Reese opened up about the split last month, saying that it’s a “vulnerable time” for her.
During an interview with Harper’s Bazaar, the actor reflected on her first porce, from Ryan, in 2006 and admitted that it was important to her that she and Jim break the news of their split on their own terms.
“When I was porced before, the tabloid media got to tell people how I was feeling or how I was processing, and it felt very out of control,” she said. “To be able to talk to people directly about what’s going on in my life … it feels much more authentic to be able to say things in my own voice and not let somebody else control what’s happening.”
She added, “Of course, there’s speculation, but I can’t control that. All I can do is be my most honest, forthright self and be vulnerable. It’s a vulnerable time for me.”
You can read Reese’s full interview here.
- Reese Witherspoon Opened Up About How Her Recent Divorce From Jim Toth Was Different From Her Split With Ryan PhillippeAlex Gurley · July 12, 2023
- Reese Witherspoon And Jim Toth’s Marriage Apparently Went “Horribly Wrong” After He Had A “Midlife Crisis” That Changed His “Attitude” And “Whole Take On Life”Ellen Durney · March 28, 2023
- Reese Witherspoon Officially Filed For Divorce From Jim Toth Amid Reports That The $900M Sale Of Her Production Company Sent Them “In Different Directions”Ellen Durney · April 3, 2023
Topics in this article
- Reese Witherspoon
- Ellen DurneyBuzzFeed Staff
Ellen Durney is a Celebrity Reporter for BuzzFeed and is based in London.
Contact Ellen Durney at [email protected].
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