August 10, 2015 02:00 PM

After nearly 13 years of marriage, Gwen Stefani and Gavin Rossdale are divorcing. Now the couple of 20 years face the task of divvying up their assets and custody of their children.

Stefani and Rossdale who share three sons together – Kingston, 9, Zuma, 7 this month, and Apollo, 17 months – told PEOPLE in a statement that they “are committed to jointly raising our three sons in a happy and healthy environment.”

A source close to the No Doubt singer told PEOPLE, “Their priority is making sure they maintain a safe and secure home for their children regardless of what’s happening.”

While multiple sources report that Stefani, 45, and Rossdale, 49, are seeking joint custody, the division of the couple’s assets remain to be split. The pair reportedly does not have a prenup, which means California law will come into play in the divorce proceedings. Under California’s Family Code, assets of divorcing spouses are divided equally.

RELATED: Gwen & Gavin Split: Saying Goodbye to Hollywood’s Coolest Couple

Stefani is estimated to be worth $100 million dollars with a combination of earnings from her music, judging on The Voice, as well as her L.A.M.B. clothing line and her company, Harajuku Lovers. Meanwhile Bush frontman Rossdale is presumed to be worth $35 million.

Despite the fact that Stefani has reportedly denied Rossdale spousal support, a source says the couple’s split is “an amicable parting.”

For more on the Stefani-Rossdale split, pick up the latest issue of PEOPLE, on newsstands now

You May Like

EDIT POST