Reese Witherspoon and Jim Toth have announced their decision to divorce after 11 years of marriage. In a joint statement, the Oscar-winning actress and her talent-agent husband expressed their commitment to maintaining a strong bond for the sake of their family.

The couple said, "It is with a great deal of care and consideration that we have made the difficult decision to divorce. 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." They emphasized that their priority is their son and the entire family as they navigate this new chapter of their lives.

Witherspoon and Toth got engaged in December 2010 and married in March 2011. They have a 10-year-old son, Tennessee James. Witherspoon also has two children with ex-husband Ryan Phillippe: Ava, 23, and Deacon, 19.

A source close to the couple 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."

In previous interviews and social media posts, Witherspoon has expressed her love and appreciation for Toth. In a 2012 ELLE interview, she described him as a "really good person" and praised his ability to bring people together. The actress also celebrated their 11th wedding anniversary on Instagram, writing, "Happy Anniversary JT!! 11 years of adventures, love & laughter. I feel so lucky to share this wonderful life with you."

The couple's amicable separation highlights their mutual respect and dedication to their family's well-being.