Jermaine Jackson, Alejandra

Arun Nevader/WireImage.com

It was as easy as 1,2, 3.

Jermaine Jackson and his third wife, Alejandra, have finalized the ABCs of their divorce settlement, per court documents filed in Los Angeles Superior Court.

Living up to his paternal obligations, the former Jackson 5 singer and older brother of Michael agreed to pay his estranged wife $3,000 a month in child support, $50,000 in back child support and an additional $50,000 for attorney's fees.

In return, Alejandra waived her right to alimony and dropped all claims to Jackson's business, Jermaine Jackson Entertainment Inc., as well as his furniture and the family jewels.

She will also retain physical custody of the couple's two children, 12-year-old Jaafar and 8-year-old Jermajesty. The 53-year-old popster gets visitation rights.

The ex-couple additionally promised to refrain from bashing each other in the presence of the little ones.

Jackson has eight kids altogether from three marriages. He and Alejandro exchanged vows in March 1995, after she ended a relationship with his youngest bro, Randy, with whom she has two teenage children.

Jermaine and Alejandro went their separate ways in November 2004, and the singer took up with current gal-pal Halima Rashid.

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