Though Gisele Bündchen and Tom Brady are not each other's endgame, they remain on the same team when it comes to their kids.
The supermodel and the NFL star—who announced their divorce on Oct. 28—agreed to joint custody of kids Benjamin, 12, and Vivian, 9, a source close to the couple tells E! News. (The quarterback is also dad to son Jack, 15, who he shares with ex Bridget Moynahan.)
"They worked out settlement details and once everything was agreed upon there was no reason to wait," the insider says of Tom, 45, and Gisele, 42. "They're both ready to move on and move ahead. They agreed on joint custody and dividing their assets. They plan to co-parent and keep things drama free for the kids."
"It's a sad day but it's also a relief to have the settlement wrapped up," the source adds. "They've known this was coming and it's time to move on."
Both Tom and Gisele addressed their co-parenting plan on Oct. 28 while breaking their silence about their split. "We are blessed with beautiful and wonderful children who will continue to be the center of our world in every way," Tom wrote on his Instagram Story. "We will continue to work together as parents to ensure they receive the love and attention they deserve."
Meanwhile, Gisele told her followers on Instagram Story, "My priority has always been, and will continue to be our children who my love with all my heart. We will continue co-parenting to give them the love, care, and attention they greatly deserve."
Tom and Gisele's break up comes after months of reports about the pair's 13-year marriage. In fact, earlier this month, the stars hired divorce attorneys.
"There has always been a lot of love and passion between them," a source told E! News at the time. "But now that they have been apart, it seems like this is better for everyone."
Amid reports that Tom's return to the NFL (after his brief retirement) led to a rift between the couple, Gisele addressed her his football career in a candid interview.
"I have my concerns," Gisele told Elle in a Sept. 13 article. "This is a very violent sport, and I have my children and I would like him to be more present."
Gisele noted she's had conversations with Tom about retiring for good. However, as she explained, "I feel that everybody has to make a decision that works for [them]. He needs to follow his joy, too."
E! News has reached out to reps for Tom and Gisele and has not heard back.