Jennie Garth and Peter Facinelli, her husband of over a decade, have finalized their divorce. 

Garth and Facinelli, who starred in CMT's Jennie Garth: Little Bit Country reality series last year, officially filed their divorce paperwork on Tuesday and reached amicable agreements, TMZ reported.

Garth and the actor have reportedly opted out of spousal support, decided to fund a joint bank account for their three children's needs and educations, and agreed upon joint custody of their daughters -- 15-year-old Luca Bella, 10-year-old Lola Ray and six-year-old Fiona Eve -- without anything in formal writing.

As for the shared bank account, according to TMZ, both parties will have complete access to it and deposit equal amounts of cash.

The couple announced they were separating and ending their marriage in March 2012, shortly before Little Bit Country premiered on CMT.

"While we have decided to end our marriage, we both share the same deep love and devotion to our children. We remain dedicated to raising our beautiful daughters together. We ask for privacy and respect during this time," the actors told People in a joint statement at the time.

Garth, 41, is best known for her role in Beverly Hills, 90210 and also competed on Dancing with the Stars' fifth season with Derek Hough in 2007, finishing in fourth place.  Facinelli, 39, played Carlisle Cullen in the Twilight film franchise and also co-stars on Showtime's Nurse Jackie.

Jennie Garth: Little Bit Country premiered in April 2012 and followed Garth, Facinelli and their daughters as they left Los Angeles and moved to a seven-acre farm in Central California in search of "a simpler life." The series concluded in June of last year.
About The Author: Elizabeth Kwiatkowski
Elizabeth Kwiatkowski is Associate Editor of Reality TV World and has been covering the reality TV genre for more than a decade.