What a great guy!

He might not have been this patient with ex-wife Camille, but Kelsey Grammer sacrificed several hours at the Andy LeCompte hair salon with his wife Kayte and their baby daughter Faith on Thursday. It's pretty safe to assume he wrote the check at the end of her appointment too...

After two years of squabbling, Kelsey and his former spouse have finally settled their dispute over some $60 million in assets, as TMZ reports that the two just inked a deal. Camille filed for divorce in July of 2010 and though the divorce became final in February 2011, it wasn't until this week that the money matters were ironed out.

Grammer will host the 65th annual Directors Guild of America Awards on February 2, 2013 (he hosted the event last year), and the 57-year-old actor and his new family also just settled into a Beverly Hills rental that costs a whopping $30,000 a month. Sounds like he's got a lot going on -- but at least he has some reasons to celebrate!

Piers Morgan claims Kelsey Grammer walked off the set of Piers Morgan Tonight Wednesday, after the CNN host reportedly showed a clip of Grammer's ex-wife Camille in the show's open.

“Kelsey Grammer was supposed to be on my show, but he ran out of the building. Strange,” Morgan tweeted Wednesday. He later added, “So, Kelsey Grammer saw a photo of his ex-wife Camille in the open of our show and legged it. Extraordinary. Never had this happen before … I like Kelsey Grammer personally, but this was a shockingly unprofessional thing to do. I wasn’t even going to mention his ex-wife.”

Stan Rosenfield, Grammer’s publicist, told The Hollywood Reporter, “Piers needs to take responsibility for what he did to Kelsey. It’s called accountability.” Meow!

Um, where's the video of this?!

Kelsey Grammer appeared on Conan the other night, and he attempted to set the record straight about a few things. First, he wanted to make it clear that he didn’t have sex with his new wife, Kayte Walsh, on the first night that they met and second, that it had been quite some time since he'd seen any sort of action.

Kelsey told host Conan O’Brien of his first date with Kayte, “We kissed that night ... We didn’t do anything much more than kiss for several months ... I just wanted to clear that up. She was worth the wait.” Conan quipped, “I would think that would be difficult,” to which Grammer replied, “Well, for a guy that hadn’t had sex for a decade it wasn’t that hard!”

So what does Kelsey's ex-wife and Real Housewives star Camille have to say? “He lied on Conan,” she tweeted. “He really needs to move on.”

Kelsey Grammer has never looked happier!

The Boss star and his wife Kayte Walsh recently welcomed daughter, Faith Evangeline Elisa Grammer, on July 13, and while the actor has hardly been seen since the birth, he was more than happy to pose with fans as he ventured out to pick up coffee-for-two in Beverly Hills, on Monday afternoon.

The birth of baby Faith was bittersweet for the pair, after Grammer revealed that his wife was carrying twins, and their son was tragically lost early in her pregnancy.

The couple said in a statement after welcoming their new bundle of joy: "A glorious birth with a lingering sadness is ours today. We choose to celebrate the life that has been given us. We proudly introduce our Faith to the world today looking forward to the days ahead and the children yet to come.”

Break out the bubbly and cigars!

Kelsey Grammer and his wife Kayte welcomed baby girl Faith Evangeline Elisa today, but the arrival was bittersweet. The couple, who wed in February 2011, announced they were expecting twins earlier this year, but sadly miscarried the other baby.

"Tragically, we lost the little boy shortly thereafter. This was not something we cared to make known publicly at the time. It was unspeakably painful and we know that people will understand our desire to keep the news private then, as we know they will respect our privacy in this matter now," the new parents said in a statement to Us Weekly.

The Frasier star and his British spouse are still grappling with the tragic loss, but insist they are focused on the future with their little one.

"A glorious birth with a lingering sadness is ours today. We choose to celebrate the life that has been given to us. We proudly announce Faith to the world today looking forward to the days ahead and the child yet to come," they shared.

Welcome to the world Faith!

Kelsey Grammer has downsized ... BIG TIME!

The former Frasier star has purchased a 1926 Spanish Colonial home in West Beverly Hills for $6.875 million.

Grammer's new two-story home features six bedrooms, a separate guest house, a formal dining room, play room, media room, refrigerated wine storage and a 3-car garage.

As for his old home in Bel Air (pictured below), he has listed the mega-mansion for $18 million. Downsizing, indeed.

See Grammer's new Beverly Hills spread in the gallery below.

Happiness (and a hot guy) are the best revenge!

Camille Grammer did what any self-respecting LA wife would do after her actor hubby, Kelsey Grammer, ditched her for a flight attendant and filed for divorce ... she found a MUCH hotter, younger man!

Greek god Dmitri Charalambopoulos is, apparently, getting along famously with the family. Camille's two kids, Mason and Jude, were having fun will their fill-in dad at the Malibu Country Mart Sunday. And frankly, the smile on Camille's face says it all!

Kelsey Gammer has a lot to celebrate tonight!

Not only did the actor just nab a Best Actor in a TV Drama award for his lead role in the new political show, Boss, his new wife, Kayte Walsh, is pregnant with twins!

The actor expressed during his acceptance speech: "This is very nice. I'd like to thank my wife Kayte for the future. What a magnificent year it's been." He then revealed backstage:

"I'm really looking forward to meeting these new arrivals. Fatherhood's always different, based upon the character that comes into your life. They arrive and tell you what you have to do."

The happy couple officially announced the big news to People mag just hours before stepping on to the red carpet, were they happily patted Katye's growing bump.

Congrats!