The divorce proceedings between former Hollywood couple, Kim Kardashian and Kanye West is getting to an end.
Kanye and Kim both reached a settlement on Thursday, nearly two years after their split.
Their terms of settlement include joint legal and physical custody of their four children, North, 9, Saint, 6, Chicago, 4, and Psalm, 3.
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The reality TV star and rapper will both contribute 50% each in covering their children’s medical, security and educational expenses.
The rapper’s share in monthly child support amounts to $200,000 which will be paid to Kim.
Both the parents properties will be shared according to their prenuptial agreement.
While document has not been signed by a judge, the agreement shows considerable progress in the proceedings which was filed by Kim in February 2021.
Kim filed for divorce in 2021, after eight years with Kanye, who has legally changed his name to Ye.
It comes after several companies cut ties with Kanye over controversies including antisemitic comments.
Kanye has faced controversy in recent months, and has been dropped by several brands, including Adidas, Gap and Balenciaga.
Kim had asked that the court declare her single, and her request was granted in March 2022, after the proceedings had dragged on for months due to Kanye’s objections to the divorce.