New details have been revealed in the split between Will & Grace star Eric McCormack and his ex-wife Janet Holden after more than 26 years of marriage.
The resolution comes more than three years after Janet cited ‘irreconcilable differences’ in her November 2023 divorce filing, in which she asked the court to award her spousal support while terminating his right to receive any.
On Monday, a judge approved of a settlement arrangement in which the 62-year-old actor will provide his ex-wife with $10,000 monthly through the year 2035, People reported after reviewing court docs.
Eric will be able to seek modification in nine years to the amount, which was based on their respective annual incomes – with Eric earning $92,000 and Janet earning $23,000 – the publication reported after reviewing legal documents.
She will also receive half of his residuals on his intellectual property which will likely be a large sum as he has starred in so many projects over the decades.
Janet, who was married to the actor for more than 26 years, filed to dissolve their union in November 2023, citing ‘irreconcilable differences.’
At the time, she sought spousal support and asked the court to terminate Eric’s right to receive any.Â
New details have been revealed in the split between Will & Grace star Eric McCormack and his estranged wife Janet Holden after more than 26 years of marriage. Pictured in 2023Â
The former couple also came to terms on Community Property Works for residuals for projects that Eric did during the time they were married.
Among the projects involved include Will & Grace, Dead Like Me, Lego Masters and the podcast Just Jack and Will.Â
The marital union spanned from August 3, 1997 until February 12, 2024, which is their legal date of separation, the publication reported. Â
Janet was granted ‘one-half of all right, title and interest in intellectual property of the Community Property Works.’
Other assets the former duo are slated to divide ownership of, as stipulated in the settlement, include multiple homes; bank accounts; vehicles; and a trailer, the outlet reported.
Eric will continue to keep the residuals from projects that he worked on before and after their marriage, including Lonesome Dove: The Series and the podcast Still Here Hollywood.
Eric, who shares son Finnigan Holden McCormack, 23, with Janet, confirmed last fall that the pair had entered into a written agreement covering property and any potential support, according to a TMZ report.Â
News of the settlement details come nearly a year after McCormack appeared to move on, stepping out hand-in-hand with Sue Conder during a February outing in New York City.Â
Will & Grace star Eric McCormack and his estranged wife Janet Holden have officially settled their divorce; (pictured in 2019)
Eric, who shares son Finnigan, 23, with Janet, confirmed this week that the pair have entered into a written agreement covering property and any potential support; (pictured in 2000)
Eric — known for his role as Will Truman in the hit NBC sitcom — and Janet share one child together, 21-year-old son Finnigan Holden McCormack; (The trio seen at Eric’s Hollywood Walk of Fame star ceremony in 2018)
Eric and Janet first met in 1994 on the set of the Lonesome Dove TV show in Canada, on which he starred and she was an assistant director.
‘I met my wife, Janet, in 1994 on the set of a TV series,’ Eric told The Guardian about the start of their romance in 2007. ‘She was the assistant director. I was just coming out of a relationship, and not to be trusted. I’d been dating actresses but Janet was different. She wore jeans, drove a pick-up truck.’
‘There was a little bit of mystery and danger, which was fun,’ Holden previously told People.
After falling in love, they kept their romance a secret for a while.Â
‘At first she wasn’t too keen. She knew actors are a lot of work: it would be like taking your work home with you. But I managed to convince her,’ he shared. ‘We had a secret affair the first season. I mean, dating crew! Actually, it was much worse for her, because she wasn’t supposed to give any of the actors preferential treatment.’Â
However, after she moved on to a different position following the first season, they took their romance public, showing up to the wrap party together in 1995.Â
The pair tied the knot in August 3, 1997, and welcomed Finnigan on July 1, 2002.
Five months after they said ‘I do’ McCormack landed the part of his iconic TV character on Will & Grace.Â
Eric previously shared that being married helped him navigate the new heights of fame better than had be been younger and single.
Claim to fame: Five months after they said ‘I do’ McCormack landed the part of his iconic TV character on Will & Grace; pictured with Debra Messing in a promotional image
Throwback: The show originally ran from 1998 to 2006, and was based on four friends moving through their careers and love lives. It was rebooted in 2017, before coming to a final end in 2020, after 11 seasons; (L-R) Megan Mullally, McCormack, Messing and Sean Hayes
‘I think I was very lucky that I didn’t get well-known until my early thirties. If it had happened when I was younger, you might have seen me falling out of nightclubs,’ he told The Guardian.
‘I think I conducted myself as a much better human being because I was already married when all that came along (I got married five months after I got the role as Will).’
Set in New York, the show centers around the friendship between Will, a gay lawyer (played by McCormack) and a straight interior designer, Grace Adler (Debra Messing).
The beloved show originally ran for eight seasons from 1998 to 2006, and was based on four friends moving through their careers and love lives.Â
The show was rebooted in September of 2017. It permanently came to an end on April 23, 2020, after 11 seasons. McCormack and Messing starred alongside series regulars Sean Hayes and Megan Mullalley.
