Dylan and actress Shiva got married on 19th November 1995 and had two daughters together; Collette and Charlotte; their eldest's birth is supposedly the main inspiration behind the Ensler's Vagina Monologues.
They bought a home together in Los Angeles from Antonio Banderas and Melanie Griffith that was reportedly worth $4 million.
People magazine revealed on 27th September 2007 that the couple had separated and their divorce was finalised on 2nd January 2009 after Dermott filed for it on 16th May 2008.
The couple allegedly didn't use lawyers in their split, instead they remained friends and kept joint custody of their children.
Shiva now lives in Pacific Palisades, Los Angeles with their two children.
Source: Wikipedia and IMDB.