Britney Looses K-Fed but Keeps Her Money

Britney Spears filed for divorce Tuesday from rapper/dancer Kevin Federline, officials said. The Los Angeles County Superior Court filing cites “irreconcilable differences,” said court spokeswoman Kathy Roberts.

In her petition, Britney 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.

Britney gives the date of separation as Monday, the same day she showed off her post-pregnancy body during a surprise appearance on “Late Show with David Letterman.”

Britney Spears, 24, married Kevin Federline, 28, in September 2004. Britney reportedly has an iron-clad prenuptial agreement, securing her the majority of her 100+ million dollar fortune.

Britney has hired powerhouse celebrity divorce lawyer Laura Wasser, who has represented a number of high-profile celebrities, including Angelina Jolie, Nick Lachey and Kiefer Sutherland.