Sources connected with the couple tell TMZ, Ben and Jen have reached a property settlement, which was complicated and time-consuming because of the fortune that needed to be divided. We've learned the couple did NOT have a prenup, so all of their earnings during their 12-year marriage went into one pot.
As for custody ... we've learned they agreed to joint custody of their 3 children. What's a little unusual ... the settlement does not say how much custodial time Ben and Jen each get. We're told they have gotten along great co-parenting the kids, and feel it's better to shift custody back and forth depending on work schedules rather than abide by a rigid formula.
The settlement is complete, but it hasn't been signed because of sobriety issues. However, we're told when Ben is out of rehab and back on his feet it will be signed, sealed and delivered to the judge, and then the divorce will become final.
As for reconciliation ... we're told absolutely not, and it's been that way for a long, long time.