Reese Witherspoon Announces Divorce From Husband Jim Toth

Reese Witherspoon and Jim Toth are ending their marriage. In a joint statement, the two announced on Friday they are getting a divorce just days before their 12th wedding anniversary. Witherspoon and Toth got married on March 26, 20111 in Ojai, California. 

"We have some personal news to share... It is with a great deal of care and consideration that we have made the difficult decision to divorce," they said in the statement. "We have enjoyed so many wonderful years together and are moving forward with deep love, kindness and mutual respect for everything we have created together."

"Our biggest priority is our son and our entire family as we navigate this next chapter," they added. "These matters are never easy and are extremely personal. We truly appreciate everyone's respect for our family's privacy at this time." 

A source told PEOPLE, "They really are the best of friends and this is such an amicable decision. They are so committed to co-parenting together. They are invested in their whole family and making this as smooth as possible for everyone." Witherspoon, who just turned 47, and Toth, 52, announced their engaged December 2010. They share a 10-year-old son Tennessee James, and Witherspoon also shares two children with ex-husband Ryan Phillippe, daughter Ava, 23, and son Deacon, 19. 

In 2012, Witherspoon spoke to Elle about first meeting Toth, which was at a friend's house. "It happened out of the blue," she said at the time. "This really drunk guy was hitting on me, making such an idiot of himself, yelling at me. He was, like, [slurring, scowling, pointing finger in her face] 'You don't know me.' And I was like, 'Yeah, I know. I don't know you!' " 

 "Jim came over and said, 'Please excuse my friend. He's just broken up with someone.' Jim was a really good friend, pulling him out of that situation. That's just kind of who he is, a really good person." Witherspoon is staying busy as she recently appeared in the Netflix movie Your Place or Mine. Her production company, Hello Sunshine, is responsible for several television shows and movies such as The Morning Show, Truth Be Told, Surface, Daisy Jones & The Six, Something from Tiffany's and Where the Crawdads Sing.