Anne Heche's Ex Gets $515,000 Cash in Settlement

03/09/2009 at 09:15 PM EDT

Anne Heche's Ex Gets $515,000 Cash in Settlement
Anne Heche
Jon Kopaloff/FilmMagic
Their acrimonious divorce lasted nearly half as long as their marriage.

But on Wednesday, Anne Heche's two-year divorce battle with Coley Laffoon came to an end. Although they reached a settlement last June to end their five-year marriage, with Heche paying $3,700 a month in child support, it took another nine months to hammer out custody details and the split of their assets.

"Anne is relieved this case is over, and is looking forward to getting on with her life and career," her attorney, Daniel Jaffe, tells PEOPLE.

According to the Los Angeles Superior Court documents:

• The pair will share 50-50 physical and legal custody of son, Homer, 7.

• Heche agreed to pay Laffoon a $515,000 lump sum cash payment. He'll also get half of all their community property, including more than $700,000 worth of stocks and other assets.

• Heche keeps her multimillion-dollar home in Vancouver, B.C.

• Laffoon waived his right to claim any spousal support.

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