Read The Valley’s Jesse Lally and Michelle Saniei's Divorce Settlement

The Valley’s Jesse Lally and Michelle Saniei agreed in their divorce settlement that they are both successful on their own and do not need each other to provide support, Us Weekly can exclusively report.

Us obtained the settlement submitted to the court on Monday, October 27. Per the deal, the parties agreed that irreconcilable differences had arisen between them that made the marriage impossible.

The exes will share custody of their daughter, Isabella, with each parent having two uninterrupted weeks at a time. Both agreed to work together on decisions for Isabella’s schooling and medical decisions. Saniei will have Isabella on her birthday, and Lally, 43, will have their daughter on his, per the agreement.

“The custodial parent shall have the discretion to determine Isabella’s attendance at social events during their custodial time,” the deal said.

In addition, Lally and Saniei agreed that neither party will pay child support. They will split any health insurance–related expenses. The exes will also share the costs of bills related to their daughter’s ballet and gymnastics.

Regarding spousal support, both parties agreed neither should receive a monthly alimony check due to both being financially successful.

“Taking into consideration all relevant facts and circumstances of the respective Parties, neither spouse seeks or requires of the other any permanent spousal support now or in the future. Due to the respective financial circumstances of the Parties, this absolute and irrevocable waiver of spousal support is fair and equitable,” the deal read. “Each party acknowledges that he or she is healthy, gainfully employed and/or fully capable of supporting and maintaining oneself and does completely waive the right to obtain spousal support from the other.”

The deal said Lally was awarded a 2024 BMW M850i, several bank accounts, an IRS tax payment for 2018 and several credit cards.

Saniei will keep a 2025 BMW X-1, two bank accounts at Chase, all rights to her company and three credit cards.

The exes noted they owe a low six-figure sum on a loan they took out together and agreed to split the bill. The monthly payment on the loan is $1,472, which they will both pay a portion of each month.

The exes said the loan was the only community debt. The deal also said both parties would pay their own legal fees.

As Us first reported, Lally and Saniei informed the court of their deal on October 22.

At the time, Saniei told Us, “I’m grateful we reached an agreement and we can both start a new chapter in our lives. Our No. 1 priority has always been Isabella, and we’ll continue to coparent to be the best parents for her.”

Lally added, “Michelle and I have taken the last step towards finalizing our divorce. We’re moving forward with mutual respect for each other and focusing on making memories with Isabella.”

As Us previously reported, following the split, Lally started dating Lacy Nicole. In July, Michelle and her boyfriend Aaron Nosler ended things after one year of dating.