After almost two and a half years, the divorce of actors David Hasselhoff and Pamela Bach is final. The pair married in 1989 and separated at the end of 2005. They were granted a divorce in August 2006 but the court bifurcated or divided the case and reserved custody, property and support issues for a later date. Hasselhoff and Bach battled publicly over custody of their two teenage daughters, tossing allegations of alcohol and drug abuse at each other. Custody of the kids was resolved last August and now, apparently, the support and property distribution matters have been settled as well.

The judgment entered by the Los Angeles Superior Court this week indicates that the couple signed a prenuptial agreement before their 1989 wedding but that, rather than fight in court over the validity of the agreement, Hasselhoff and Bach reached an agreement to resolve their financial issues. California is a community property state which would result in a 50/50 split of all marital assets. It is unclear if this is what happened in the Hasselhoff divorce or not – but it probably comes pretty close. It does appear that they were each awarded 50% of the interest in their marital home, which will be listed for sale. They divided their household items and likely split their marital bank accounts. Bach was awarded 50% of Hasselhoff’s retirement accounts and pensions, which will be divided by a Qualified Domestic Relations Order or QDRO. Bach was also awarded half of the future earnings from Hasselhoff’s memoirs and a few other projects.

Hasselhoff retained the rights to all of his various professional acting and singing endeavors – including rights to the phrases “The Hoff”, “Malibu Dave” and “Don’t Hassle the Hoff.” He will pay his ex-wife $1,000,000 to equalize the division of their marital assets. Hasselhoff also agreed to pay Bach $21,000 per month in spousal support until either of them dies or she remarries. Hasselhoff will pay $4,000 per month in child support (this amount will be reduced to $2,500 when the older daughter turns 18 and presumably graduates from high school next month) and will pay for the private high school tuition of each child. The couple shares joint physical custody of the girls as well as joint legal custody.

Hasselhoff was represented by attorneys Melvin Goldsman and Marci Levine of the Freid and Goldsman firm. Bach went through about five different attorneys or law firms over the course of the litigation.