The curtain has been pulled back on the financial details of Joshua Jackson and Jodie Turner-Smith’s divorce settlement, revealing a carefully negotiated agreement that divides everything from monthly child support payments to intellectual property rights.
The Back-and-Forth of Divorce
Nearly two years after Turner-Smith filed for divorce from the “Dawson’s Creek” star in October 2023, the former couple has reached terms on most aspects of their separation, though they are still finalizing child custody arrangements for their 5-year-old daughter, Juno.
According to documents recently obtained by People, the financial framework offers a glimpse into how Hollywood couples navigate the division of both traditional and industry-specific assets.
The agreement follows their four-year marriage, which began in August 2019 after a whirlwind romance that started when they met at a party in 2018.
Jackson, currently starring in “Doctor Odyssey,” will contribute $2,787 monthly in child support via wire transfer until Juno turns 19 or graduates from high school, “whichever occurs first.”
The couple has agreed to split “reasonable” costs including medical expenses, private school tuition, tutoring, camps, extracurricular activities, and approved travel expenses. Acknowledging the “fluctuating income” typical in entertainment careers, the exes will recalculate child support amounts annually and exchange tax information to ensure fairness.
In a move to simplify their financial separation, both parties waived spousal support or alimony. Turner-Smith will retain all earnings and accumulations from before, during, and after their marriage, along with her personal belongings such as clothing, jewelry, watches, art, collectibles, furniture, electronics, and other items in her possession.
She will also maintain ownership of her business entity, Sacred Crow, and keep all residuals, royalties, and intellectual property related to her film and modeling work, as well as her professional equipment.
Likewise, Jackson retains his own earnings from all time periods, including income from his acting career, business entities, and pension plans.
He also keeps his Los Angeles property, vehicles in his name, and any insurance proceeds from wildfire damage. The couple agreed to divide any joint bank accounts equally and close them.
Court documents cited by People also reveal that Jackson made an equalization payment of $133,333 to Turner-Smith in March 2025, with a second and final installment of the same amount due by May 12, 2025. The payment was described as “a further and final contribution toward her attorney’s fees and costs.”
While the financial terms have been settled, the two are still working out a permanent custody arrangement. For now, they are following a temporary joint legal and physical custody agreement with equal parenting time until they reach consensus on a formal parenting plan for their daughter.
Despite the divorce proceedings, Turner-Smith’s career continues to gain momentum.
She stars alongside Richard Gere in the Paramount+ spy thriller “The Agency,” which premiered in November 2024 and has already been renewed for a second season.
Gere even made headlines when he jokingly told Turner-Smith during a red carpet event for the show, “My wife’s gonna be very jealous,” as she turned heads in a bold black suit jacket-style dress.
The announcement of the divorce in 2023 sparked a significant social media reaction. Oddly, some referenced Turner-Smith’s public comments criticizing Will Smith’s behavior during the 2022 Oscars and his wife, Jada Pinkett Smith, another high-profile Hollywood couple that had troubles in their marriage.
As Turner-Smith’s career ascends and Jackson continues his work in television, their divorce settlement reflects a thoughtful, businesslike parting rather than a tabloid spectacle.
With financial matters resolved and a temporary custody plan in place, the former couple appears committed to co-parenting with stability and respect. While the final custody agreement remains pending, their approach offers an example of a Hollywood split grounded in practicality and mutual care for their daughter, Juno.
