Dennis Quaid and wife Kimberly’s marriage is officially over.
The couple settled their divorce on Friday, as reported by TMZ. They agreed to joint custody of their 10-year-old twins, Thomas Boone and Zoe Grace, with Dennis paying $13,750 per month in child support. The amount will increase if he makes over $1.3 million a year.
Kimberly is also receiving a $2 million spousal support lump sum and another $1 million to settle their property agreement, according to the site. They will split profits from the sale of their family home, and he will keep their Austin-based house.
Dennis will keep all the residuals from the movies he made before they tied the knot, but reportedly has to split anything made during their marriage with Kimberly. He will also keep their 2007 Land Rover, 2012 Mercedes and 2013 Honda. She will keep her 2014 Mercedes.
Dennis, 64, and Kimberly tied the knot on July 4, 2004. She filed for divorce in 2012 but withdrew her petition before refiling in 2016. He finally responded to her petition in February 2018.
He has since moved on with much-younger model Santa Auzina.
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