In a divorce settlement, Kanye West was ordered to pay Kim Kardashian $200,000 (£167,000) per month in child support.
Their four children will be shared between the former rapper and reality TV star.
After eight years with West, who has legally changed his name to Ye, Kardashian filed for divorce in 2021.
It comes after several companies severed ties with Ye due to controversies such as antisemitic remarks.
In March, both parties were declared legally single, with Kardashian also dropping the “West” from her surname.
In court documents filed on Tuesday, issues concerning the division of property and custody of their children were resolved.
The two parties should consult with each other on major decisions about their children’s welfare, the documents state.
Expenses for the children’s security, school and college will be shared.
In addition, Ye is expected to pay $200,000 a month in child support – which the New York Post reported is because the children will spend the majority of their time with Kardashian.
The couple have four children: North, 9, Saint, 6, Chicago, 4, and Psalm, 3.
In several statements submitted earlier, Kardashian, 42, had said she “very much” wanted the marriage to be ended, adding that this would “help Kanye to accept” that the relationship was over.
Ye, 45, had previously fought against the separation.
He has faced controversy in recent months, and has been dropped by several brands, including Adidas, Gap and Balenciaga.
The rapper provoked widespread criticism earlier this year after attending Paris Fashion Week wearing a t-shirt bearing a “White Lives Matter” slogan – a phrase often used by white supremacists.
He then claimed his critics were being paid by a secret cabal of Jewish people, a common trope of antisemitism.
Earlier this week, Ye announced his intention to run for US president in 2024.
He previously ran in 2020, but gained just 70,000 votes.