TMZ reports the former couple, who were married for 13 years, amicably ended their union, with Gavin backing away from Gwen's money earned from concert and record sales.
According to the news site, the pair didn't have a prenup, which means—as stated by California law—Gavin was entitled to half of his estranged wife's earnings during the marriage.
However, the Bush lead singer didn't ask for child support and did not request a large percentage of money. The couple reportedly decided on a 50/50 joint custody agreement, with Gavin actually getting more time with the kids because of Gwen's touring schedule.
Their divorce will be final as soon as a judge signs off on the settlement, which, according to TMZ, is just a formality.
Gwen, 46, and Gavin, 50, announced their split in August 2015, citing irreconcilable differences. They are parents to Kingston, 9, Zuma, 7, and Apollo, 2. The "Make Me Like You"singer spoke to "Good Morning America" about her divorce, saying she's still coping with the loss. "It's super hard to have your family break up," she told the show. "I have gone through a lot, but I feel like you have to be grateful for that. Because if I didn't do that, then I wouldn't have this," she said, referring to her new relationship with singer Blake Shelton. "And so you have to be grateful for all of it."
Our only question now is, does this mean Blake Shelton is free to pop the question to Gwen?
Us Weekly recently reported that their fast track romance is serious and could be headed in that direction after only 5 months of dating. "Blake could propose to Gwen very soon," an insider tells the magazine, adding that the chart-topping singer is "everything he wants."
And "everything" apparently includes the kids she shares with Gavin. "With Gwen, Blake has the family life he'd hoped to have with Miranda," the source said. "Her kids love him as much as she does."
This sounds like a happy ending in the making.