Britney Spears and her trusty lawyers met with Kevin Federline on Thursday and brewed for hours over their divorce settlement. Everything is finalized… just waiting for the judge’s OK!

The two will share custody, 50/50, of their two sons, Sean Preston and Jayden James.

Because Britney Spears had such an air-tight prenup, Kevin Federline will only take $1 million away from the divorce. Hopefully he doesn’t blow it in a year! Regular families of four can live on $40,000 a year, K-Fed! Quit spending like you’re still married to her!

Britney and Kevin have decided to remain friends.

Let’s hope they both grow up and take care of their babies!