Overview
- Both were awarded joint legal custody of their five children, with physical time to be worked out privately and Spelling acknowledged to have substantially more time.
- Health care costs and extracurricular expenses for the minor children will be split equally, and no ongoing support payments were ordered.
- Spelling retains her bank accounts, entertainment companies, SAG‑Producers pension interest, Beverly Hills, 90210 residuals, solo book rights, podcast revenue, and control of developing projects including a cookbook and potential series.
- The exes will jointly address roughly $1.7 million in back taxes, while also dividing other obligations, including shared amounts owed to City National Bank and an American Express balance.
- Asset and debt allocations include Spelling keeping a 2016 Chevrolet Suburban and a 2021 Bronco (and covering daughter Stella’s Bronco lease), while McDermott receives two Ford vehicles and a Yamaha motorcycle and assumes specified medical bills and credit cards in his name.