The exes' divorce will soon be finalized as the Bush frontman is "walking away from millions of dollars to which he's legally entitled", reported Ace Showbiz.
The former couple allegedly said that Gavin has agreed to a lopsided split of property in favor of Gwen. They're just need to wait for the judge to sign-off on the settlement, which is just a formality.
Gwen and Gavin didn't have a prenup, so under the laws of California Gavin was entitled to 50 per cent of everything acquired during the marriage.
But because of Gwen's touring schedule, the kids will stay with their father. Gavin, however, is not asking for child support.