ABC News' Suzan Clarke and Katie Kindelan report:
The website TMZ.com reported that the former spouses have amicably settled the issue of custody over their two children, 7-year-old Jude and 10-year-old Mason. The children will live with their mother but have "meaningful" contact with their father, according to the website.
The pair divorced last year after 13 years of marriage, ending one of the nastiest divorce proceedings in Hollywood. Their union virtually disintegrated on camera during the first season of the hit Bravo show, "The Real Housewives of Beverly Hills," which stars Camille Grammer, 43. Kelsey Grammer, 56, has made appearances on the show.
Those appearances were a "gift" to his ex-wife, he said during an interview on "Good Morning America" in October.
"That was a way of saying, here's what you always wanted, I'm gone," the Emmy winner and former "Frasier" star said of his ex-wife's post-divorce fame as a reality star. "With my grace, go have that famous life you wanted."
The pair put aside their feuding and agreed to expedite their divorce and allow him to marry his new girlfriend, TMZ.com reported.
Grammer tied the knot with 32-year-old Kayte Walsh - his fourth wife - two weeks after his divorce to Camille Grammer was finalized.