Singer-actress Jennifer Lopez and musician Marc Anthony have reached a divorce settlement almost three years after they announced their split.

According to people.com, their divorce was finalised Monday in Los Angeles Superior Court.

Lopez, 44, and Anthony, 45, will share custody of twins Max and Emme, 5, with Anthony getting physical custody of them for seven days per month.

The court documents detail how the two are to split custody of the children on school vacations, birthdays and holidays, including Christmas, Thanksgiving and Halloween.

The two have also agreed to protect the twins from paparazzi intrusion and ensure that they "are not exposed to unwanted publicity."