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Tori spelling and Dean McDermott’s divorce revealed more than $1.7 million in debt for the former reality TV couple.
Spelling and her ex-husband also owe more than $500,000 in unpaid taxes to the California Franchise Tax Board. This debt is also divided equally between the former partners.
According to the judgment, Spelling and McDermott still have several debts.
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According to court documents, Tori Spelling and Dean McDermott’s split uncovered more than $1.7 million in unpaid federal and state taxes. (Amy Sussman/Getty Images/Getty Images)
Spelling and McDermott are responsible for approximately $37,000 tied to an American Express collection account. The two still owe a balance to City National Bank, which sued them in 2016.
The “Beverly Hills, 90210” star also owes $288,000 to an individual, $69,000 to another unidentified person and $10,228 in uninsured medical expenses.
McDermott owes $22,000 on a student loan and $20,609 on his own uninsured medical bills.
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Tori Spelling and Dean McDermott were married for almost twenty years before finalizing their divorce. (Chris Polk/FilmMagic for Us Weekly Magazine/Getty Images)
Spelling and McDermott first met on the set of ‘Mind Over Murder’. The two were married to other people at the time. They eventually began a romantic relationship and married in 2006.
The two put their family life in the spotlight with the show’Tori & Dean: InnliefdeThe show followed the couple as they started a family. They welcomed five children during their marriage: Liam (2007), Stella (2008), Hattie (2011), Finn (2012) and Beau (2017).
Spelling and McDermott faced financial criticism in the final years of their marriage. The ‘90210’ star filed for divorce in March 2024, with McDermott following suit months later. The Canadian actor cited “irreconcilable differences” as the reason for his divorce from Spelling and marked the date of separation as July 7, 2023 in a document filed with the Los Angeles County Superior Court.
Tori Spelling and Dean McDermott met on the set of “Mind Over Murder” and married in 2006 after beginning a whirlwind romance. (Elizabeth Messina/WireImage/Getty Images)
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Tori Spelling and Dean McDermott, pictured here in 2019, had five children together. (David Becker/Getty Images for iHeartMedia/Getty Images)
The court made a final judgment on the couple’s divorce on November 13, making the two legally single. Spelling and McDermott were awarded joint legal custody of their five children, with the actress spending significantly more physical time with the children.
McDermott ultimately chose not to pursuing spousal support and the two decided to waive the court’s right to change the decision in the future. They also took a different approach to child support. Each will cover the children’s expenses while in their care, and share health care and extracurricular costs equally.
The court awarded Spelling full intellectual property rights to “BH90210”. Any revenue streams associated with the hit show — including SAG-AFTRA residuals, digital royalties or future licensing — go solely to Spelling, and McDermott has no continuing claim on those revenues.
Older “Tori & Dean” projects were shared 50/50 between the former couple. These included ‘In Love/Home Sweet Hollywood’, ‘sTORIbook Weddings’, ‘Cabin Fever’, ‘True Tori’ and ‘Cooking Channel Specials’.
