Spongebob Squarepants actor Bill Fagerbakke has reached a split settlement with his estranged wife, giving her half of all of his earnings and handing her the keys to their family home.

The 56 year old, who voices Patrick Star on the hit cartoon series, parted ways with Canadian singer/actress Catherine MCClenahan in 2011 and filed for a legal separation last year (12).

The request was recently granted in Los Angeles County Superior Court, where it was revealed that Fagerbakke had also entered into a property settlement agreement with his ex.

As part of the deal, the former Coach and How I Met Your Mother star has agreed to hand over half of his annual salary, estimated at $700,000 (£470,000), from their time together, while he will pay her $13,500 (£9,000) a month in spousal support.

She has also been allowed to keep the $2.4 million (£1.6 million) family house and her Lexus Suv (Sports Utility Vehicle), while Fagerbakke will retain his 2011 Mini Cooper, a 1954 Chevy and the $3,000 (£2,000) security deposit on his rental house, reports Tmz.com.

The couple wed in 1989.