The recent divorce settlement between actor Eric McCormack and his ex-wife, Janet Holden, has sparked curiosity and raised questions about the financial aspects of their split. A significant sum of money is at stake, and the details are sure to intrigue and perhaps even divide opinions.
Holden will receive a substantial monthly payment of $10,000 from McCormack, a sum that is non-negotiable until 2035. This arrangement was approved by a judge on Monday, and it ensures Holden's financial stability for nearly a decade. But here's where it gets controversial: McCormack cannot challenge this payment until a specific date, which some might argue is an unusual provision in a divorce settlement.
In addition to the spousal support, the exes have agreed to split McCormack's earnings from projects during their marriage, including the iconic sitcom "Will & Grace." This means Holden will receive a share of the residuals from one of TV's most beloved shows.
As for their property, Holden gets to keep a home in Los Angeles and two condos, with the right to exclusively use their Vancouver home for five years. She also has the option to buy out McCormack's share or sell the property. Meanwhile, McCormack retains their beach house.
Their son, Finnigan, is also a consideration. The former couple has agreed to split his expenses and establish a trust for him, ensuring his financial well-being.
According to court documents, McCormack's average monthly income is $92,000, while Holden's is $23,000. This disparity in earnings might be a factor in the settlement's terms.
The pair met on the set of "Lonesome Dove" in 1994, and their relationship blossomed. They married in 1997 and remained together for 26 years before Holden filed for divorce in 2023, citing irreconcilable differences. Despite the split, McCormack continued to wear his wedding ring, and they even appeared cozy together at an Oscars party in 2024.
However, they ultimately finalized their divorce out of court in 2025. The settlement's financial terms have left some wondering about the fairness and long-term implications of such arrangements. And this is the part most people miss: divorce settlements often involve complex financial considerations that can have a lasting impact on both parties.
So, what do you think? Is this a fair division of assets and support? Or does it raise concerns about the balance of power in such agreements? We'd love to hear your thoughts in the comments!
