Matt Lauer‘s marriage appears to be over.
A source tells PEOPLE that the former Today show anchor — who was terminated by NBC almost five months ago for alleged sexual misconduct — “rarely talks” to his wife Annette Roque, adding that the two are “preparing for divorce.”
Lauer, 60, and Roque, 51, wed in 1998 after meeting on a blind date. They share three kids together: sons Jack, 16, and Thijs, 11, and daughter Romy, 14.
“He is truly devastated and wants to make up for anything he has done to hurt people,” the source says. “But the damage in his marriage can’t be fixed, and each would be better off to move on. They know this, but the kids are important to both of them.”
The source claims that discussions of money are stalling the divorce proceedings.