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"Its a relief for both of them that they can move on legally from one another and fully put this behind them," a source told E! News. "It was not a complicated divorce because of their prenup 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."
Hemsworth and Cyrus filed for divorce in August 2019, after less than a year of marriage. Hemsworth cited "irreconcilable differences" as the reason for the split. The filing came less than two weeks after fans first learned the celebrities had called it quits.
"Liam and Miley have agreed to separate at this time," the couple said in a statement. "Ever-evolving, changing as partners and individuals, they have decided this is what's best while they both focus on themselves and careers. They still remain dedicated parents to all of their animals they share while lovingly taking this time apart. Please respect their process and privacy."