They divorced more than a year ago.
But only now have Camille and Kelsey Grammer finally reached a financial settlement.
The former couple were granted their divorce in February last year but had been unable to agree on the terms of the division of their properties and fortune.
‘Camille and Kelsey had a post divorce conference scheduled for December 20, but it has been taken off calendar because they hashed out a settlement within the last few days,’ a source told Radar.
‘Even though their divorce was granted in February 2011, they had been unable to reach a financial agreement until this time. Camille and Kelsey had a very complicated settlement because of the properties they owned together and various investments.’
Since their divorce Kelsey has remarried, to former air steward Kayte Walsh, 32, with whom he even has a child – five-month-old baby Faith.
This week Camille, who herself shares two children with her ex, revealed the couple only communicate through lawyers.
‘We are spending a fortune just to try to co-parent, which is ridiculous,’ she revealed on chatshow Anderson.