Miley Cyrus and Liam Hemsworth settle divorce

Singer-actress Miley Cyrus and actor Liam Hemsworth have reportedly worked out the details regarding their divorce.

"It's a relief for both of them that they can move on legally from one another and fully put this behind them," a source claimed. 

"It was not a complicated divorce because of their pre-nup and it was all handled by attorneys. Their earnings were kept separate while they were married and that was helpful. They are both very much ready to move on and untangle whatever affairs were left to figure out. They are happy to close this chapter of their lives," added the source.

"The Hunger Games" actor filed for divorce in August 2019 after less than a year of marriage. Hemsworth cited "irreconcilable differences" as the reason for the split. The insider also says that Cyrus’ relationship with Cody Simpson is currently going “great,” adding, “They had a wonderful Christmas Day with her family. They plan on celebrating New Year’s together, as well. They are also talking about an Australia trip next year. Miley seems very happy.”

The “Nothing Breaks Like a Heart” singer’s attorney, Judith R. Forman, will file legal documents on Tuesday, December 24, to declare that the duo have hashed out the details of their separation, TMZ first reported. This news came a day after the former pair would have celebrated their one-year wedding anniversary.

Cyrus, 27, and Hemsworth, 29, said “I do” last year in an intimate ceremony held at the Disney Channel alum’s Tennessee home. A source told Us Weekly at the time that California’s Woolsey wildfires, which burned down their Malibu home, is what “sealed the deal” for the exes and “their love exploded after that.”