Finally! Nearly a year after announcing their split, Nikki Reed and Paul McDonald have finalized their divorce.
Reed, 26, and the American Idol season 10 alum, 30, appear to have amicably gone their separate ways. According to TMZ, the pair divided up their assets, with McDonald getting their Nashville home.
The Twilight actress also made out well in the deal. Reed, who currently lives with boyfriend Ian Somerhalder in Atlanta, Ga., will get three other homes and three vehicles: a Range Rover, Toyota Tundra, and Toyota Rav4. In addition, she will get to keep their German Shepherd, Enzo.
Reed and McDonald tied the knot at a private ranch in Malibu, Calif. in October 2011. They called it quits in March 2014 and Reed filed for divorce two months later. Us broke news in July that Reed had moved on with Somerhalder. The couple have since adopted several pets together and recently returned from a holiday skiing trip.
Despite the split, Reed and McDonald continue to collaborate musically. In July, McDonald talked about their album I'm Not Falling in an interview with Yahoo Music. "Both Nikki and I are so proud of this album," he said. "I feel like through the process of writing and recording the album, we both grew significantly as songwriters and collaborators. It's been amazing watching Nikki grow as singer and discover a new confidence as an artist. Right now our passion for this project couldn't be stronger. We're planning on booking a tour soon."