Britney Files For Divorce...

TMZ:

Spears filed legal papers today in Los Angeles County Superior Court, citing "irreconcilable differences." In her petition, Spears asks for both legal and physical custody of the couple's two children, one-year old Sean Preston and two-month old Jayden James, with Federline getting reasonable visitation rights.

As for money, sources tell TMZ the couple, who married in Sept. 2004, has an iron-clad prenup. Not surprisingly, Spears is waiving her right to spousal support. She's also asking the judge to make each party pay their own attorney's fees.

Read the whole story: TMZ