Reese Witherspoon Won’t Pay Ex-Husband Jim Toth Monthly Alimony, Divorce Settlement Reveals

Reese Witherspoon won’t have to pay her ex-husband Jim Toth monthly spousal support as part of her divorce settlement – and keeps her own airline miles, RadarOnline.com have learned.

According to court documents obtained by RadarOnline.com, the settlement provided by the parties stated, “Neither party shall pay the other any amount and/or form of alimony.” All alimony and spousal support claims are hereby waived by the parties forever.”

The deal said neither of them owned property in their own names and all property was acquired through trusts and LLCs.

As we previously reported, Witherspoon amassed a $46 million real estate collection during the marriage. The agreement stated that the prenuptial agreement signed prior to the marriage prescribes the division of property.

“Each party will receive their clothing, jewelry and personal effects,” the agreement reads. However, Witherspoon received all household furniture, appliances, artwork, and other personal effects in her possession.

Witherspoon and Toth walked away with their own stocks and bonds — and their own separate bank accounts. They agreed to keep all the cars in their name.

In addition, Witherspoon has been granted all of its professional entities, business interests and contractual rights titled and/or otherwise held in their individual names, together with all associated accounts, assets and rights.”

In addition, the agreement stated, “Each party shall also receive all income, deferred compensation, equity interest and compensation of any kind and kind and/or other property earned and/or received as a result of the provision of personal services to others.” during and after marriage.” The stipulation means Witherspoon was awarded all the remnants of her long film career, including Legally Blonde, Sweet Home Alabama and Big Little Lies.

The deal stipulated that each party would keep its own hotel and airline miles in its own name. The agreement stated that both parties would pay their own debts.

In addition, the agreement states that in future disagreements, the parties must try to mediate before filing anything in court.

As we first reported, Witherspoon and Toth have agreed to share custody of their 10-year-old son, Tennessee. The documents show that both parties make more than $100,000 per month.

As we first reported, Reese filed for divorce from Jim in March, citing “irreconcilable differences” after 12 years of marriage.

The two released a joint statement, saying, “It was with great care and consideration that we made the difficult decision to divorce.” We have enjoyed so many wonderful years together and leave with deep love, kindness and mutual respect for all that what we have created together.”