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Tori Spelling exclusively told PEOPLE that she’s “so grateful” for her and ex-husband Dean McDermott’s amicable co-parenting relationship

The pair, who settled their divorce in October, share five children

“We do family dinners, we do everything together, so it's really good for the kids,” the actress said

Tori Spelling is opening up about her co-parenting dynamic with ex-husband Dean McDermott .

While speaking to PEOPLE at the iHeartRadio Jingle Ball in Los Angeles on Friday, Dec. 5, the 52-year-old actress said she’s “so grateful” for her relationship with the Due South actor, 59, since their divorce was finalized in November — especially when it comes to raising their five children .

“I watched families go through horror stories with the parents, and at the

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