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Apollo in the Hamptons 2017: Hosted by Ronald O. Perelman

Matt Lauer‘s divorce withAnnette Roqueis nearing its finalization — and with it comes a multi-million dollar settlement.

Lauer, 60, has agreed to pay Roque, 51, up to $20 million in their divorce, which will soon be final,according toPage Six.

The outlet also reports that the couple, who wed 20 years ago in 1998, has agreed to share custody of sons Jack, 17, and Thijs, 11, and daughter Romy, 14.

Entertainment Tonightalso reportedthe $20 million figure.

Lauer, a source toldET, “finally decided it was time to finalize everything and move forward and focus on the kids. He has a lot of guilt about how things went down and he wants to make sure Annette is taken care of.”

Now, “there is a noticeable difference in their attitude toward this entire process,” the source said. “They seem happier and their family and friends are thrilled to see they are both moving forward.”

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Reps for Lauer did not return PEOPLE’s request for comment.

Last fall, the longtimeTodayhost, 60, wasfired from NBC in Novemberfor allegedinappropriate sexual behavior in the workplace.

Roque once filed for divorce from Lauer in 2006, citing “cruel and inhumane” behavior, though she withdrew the petition three weeks later. And in 2014, Roque was once again “shopping for a divorce lawyer,” a legal source told PEOPLE earlier this year.

In May,a source told PEOPLEthat “the damage in this marriage can’t be fixed.”

Now that an official split is imminent, it won’t be simple for the duo to divide their considerable assets.

In November,Timeestimated Lauer’s earnings over his NBC career to be over $100 million; for the last few years of his career there, theNew York Daily Newsreported his salary as $25 million annually.

The couple own aHamptons mansion— where Roque currently lives with their three children and Lauer has been living in the guest house, according to a source — that they bought from Richard Gere in 2016 for $36.5 million.

“Certainly if I were [Annette’s] lawyer I would be looking at getting something close to 50 percent” of their fortune, New York-based divorce attorney Bernard Post, who is not involved in the case, told PEOPLE.

“This is not going to get played out in the press,” said Judith Poller, who has handled divorces for celebrities likeDrew Barrymore. “They’ll do everything quietly. My guess is she will get the Hamptons house and a chunk of cash, but no spousal support. He will pay child support.”

source: people.com