The divorce proceedings between former Hollywood couple Kim Kardashian and Kanye West are drawing to a close.
On Thursday, nearly two years after their divorce, the reality TV star and rapper reached an agreement.
Their settlement terms include joint legal and physical custody of their shared children, North West, 9, Saint, 7, Chicago, 4, and Psalm, 3, according to documents obtained by E! News.
Both parents will contribute half of their children's medical, security, and educational costs. The rapper's monthly child support payment is $200,000, which will be paid to Kim.
The couple's assets will be divided in accordance with their prenuptial agreement.
While the agreement has not been signed by a judge, it shows significant progress in the proceedings filed by Kim in February 2021.
Kardashian had asked the court to declare her single, and her request was granted in March 2022, after the divorce proceedings had dragged on for months due to Kanye's objections.
