Axelle/Bauer-Griffin/FilmMagic Nicole Kidman filed for divorce from Keith Urban on Sept. 30 Court documents obtained by PEOPLE reveal details of the couple's settlement agreement The divorce filings detail the division of Kidman and Urban's assets and their custody arrangement over daughters, Sunday Rose, 17, and Faith Margaret, 14 Nicole Kidman and Keith Urban'sdivorce filinghas revealed a slew of details about their separation following 19 years of marriage. TheBabygirlstar, 58, officiallymoved to dissolve her unionwith the country singer, 57, on Tuesday, Sept. 30, just one day after news broke thatthe pair had split, PEOPLE confirmed. In documents filed in Davidson County, Tennessee, viewed by PEOPLE, the couple laid bare the terms of their divorce. The settlement resolves questions about their financial and real estate holdings, the custody of their two daughters —Sunday Rose, 17, and Faith Margaret, 14— alimony, child support, and when the pair officially separated. "They have absolutely worked this out long before they ever made their announcement," says Marilyn Chinitz, a matrimonial and family law attorney at Blank Rome in New York City who is not connected to the case. Here's a look at some of the biggest takeaways from Nicole Kidman and Keith Urban's bombshell divorce filing. The Marital Dissolution Agreement reports that Kidman and Urban "have experienced marital difficulties and irreconcilable differences." These differences led Kidman to "institute divorce proceedings against [Urban]." Kidman's filing does not elaborate beyond that point. John Shearer/Getty The divorce documents list Tuesday, Sept. 30, as Kidman and Urban's official date of separation. Plans for a marital dissolution seem to have been in the works prior to that date, however. A parenting plan to govern their shared custody of daughters Sunday Rose and Faith Margaret was signed by Urban on Aug. 29 and by Kidman on Sept. 6. By the terms of the couple's Parenting Plan Order, their two daughters, Sunday Rose and Faith Margaret, will spend 306 days of the year with Kidman and 59 days of the year with Urban. The country star will have custody of the children on alternate weekends from Saturday, 10:00 AM until Sunday, 6:00 PM. "There's no midweek parenting time provided for in the agreement," Chinitz tells PEOPLE. "He gets Father's Day every year, and they share Thanksgiving on an alternate yearly basis," she continues. "But when it comes to Christmas in odd-numbered years, [Kidman] has the entire winter vacation from the time that school ends until the time school resumes after the winter vacation. In even-numbered years, they're gonna share that [winter vacation time] equally." Says Chinitz, "It's only that period of time [that] gets shared equally. Otherwise, [Kidman] gets every Christmas in odd-numbered years, which would be this year." Nicole Kidman/Instagram (2) The Oscar-winner will also have custody of her daughters every Easter, every Mother's Day, and every Spring Vacation on even-numbered years (Urban will have custody on Spring Vacation in odd-numbered years). As for Summer Vacation — defined as the period between when school is dismissed for summer and 6 p.m. on the evening before school resumes — "the regular schedule applies," Chinitz points out. "That means he only gets alternate weekends. However, they each are able to get two non-consecutive full weeks, seven days at a time [with the children] for summer vacation." The couple's settlement declares, "Neither party shall pay any amount and/or form of alimony or spousal support to the other. All alimony and spousal support claims are hereby forever waived by the parties." Both Kidman's and Urban's monthly income is reported in the filings as exceeding $100,000 per month. Chinitz notes the agreement also states that "each party is responsible for their own debts." Related:https://people-app.onelink.me/HNIa/kz7l4cuf Kidman and Urban's settlement states that, "The parties acknowledge that, to the best of their knowledge, there are no assets owned by them, either jointly or individually, and that they have no interest in any assets, which are not reflected and addressed by the terms of this Agreement." The agreement also notes that "Neither party owns real property titled in his or her individual name" but rather holds property "through trusts, limited liability companies and/or other entities." These real estate interests were "awarded to each party in accordance with the terms of such trusts, operating agreements, and other agreements between the parties, free and clear of any and all interest and claims by the other party." Matt Winkelmeyer/Getty "They own and maintain separate bank and investment accounts. So again, it seems that everything has been separated out, and it could have been from day one," Chinitz says. "Each one is waiving rights to the other's assets. Same situation when it comes to stocks and securities. That's true also for pension and retirement accounts." She continues, "It's also true for any professional entities or business interests and most importantly, any of the [couple's] intellectual property … there's no dispute over it." Never miss a story — sign up forPEOPLE's free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Both Kidman and Urban are "responsible for their own debts" and "they've even divided up their hotel, airline and credit card points," Chinitz explains. "They got down to the nitty gritty." Per the settlement, "Each party shall be and is awarded all right, title and interest in any and all hotel, airline and credit card points listed in his or her name as well as all hotel, airline and credit card points associated with all debt accounts for which he or she is responsible under the terms of this Agreement, free and clear of any and all claim of the other party." John Shearer/WireImage "There is no provision for direct child support, [but the agreement] provides that Keith Urban has prepaid all child support obligations," Chinitz says. "By prepaying the expenses for the children, he has no further obligation for child support." "It means that he really only pays for the children's expenses when they are with him." The agreement adds, "Each party has significant separate assets and more than sufficient means to independently care and provide for both minor children while in his or her care." Urban has already paid Kidman "all sums for his share of nanny and other childcare-related expenses, private school expenses, and extracurricular expenses for the minor children through the date each child reaches the age of majority and graduates high school," per the settlement. Steve Granitz/FilmMagic "The agreement provides that there will be joint decision making on the key consulting items, which are education, non-emergency healthcare, religious upbringing, extracurricular activity," Chinitz explains of the settlement. However, as she points out, the filing also declares that, *In the unlikely event that the parties do not agree on a major decision for either minor child, [Kidman] shall have final decision-making authority." Chinitz tells PEOPLE, "At the end, she has the final say." Per the settlement, "All household furniture, furnishings, appliances, art, and other items of personal property have been divided to the mutual satisfaction of the parties." The filing continues, "Each party is awarded his or her own clothing, jewelry and personal items, free and clear of any and all claims of the other party." Explains Chinitz, "Essentially, she's keeping what's hers. He is keeping what's his. It's pretty much already been divided to their mutual satisfaction." The same simplicity of agreement applies to the couple's vehicles. The disbursement "is title-based," Chinitz says: "If it's in your name, I waive all my claims. If it's in my name, you waive all your claims." Read the original article onPeople
