Lopez's family law attorney Ron Anteau told the magazine, "The parties are working together to reach a friendly resolution that's in the best interest of their children."
A source close to Anthony, 43, also noted that "he is not seeking financial support from [Lopez] in this divorce. Never has, never will… This is about trying to figure out how best for two very busy parents to share their children."
The two stars are parents to 4-year-old twins Max and Emme.
"Idol" judge Jennifer Lopez and estranged husband Marc Anthony have decided to work together to reach custody and cash agreements in their divorce, reports People.