Tom Cruise And Katie Holmes – Divorce Details!
Katie Holmes had said many times over she wants nothing from Tom Cruise but a divorce. The breakdown of divorce details suggest Katie got her wish. Katie got no lump sum payout, which is consistent with the prenup which essentially shuts her out of Tom’s $250 million fortune.
Katie will get money for child support, but it’s way less than a judge could have ordered. According to the settlement, Tom must pay Katie $400,000 a year in child support. That comes to $33,333.33 a month. The money will be paid by electronic transfer.
Tom must pay Suri’s support for the next 12 years — until she turns 18. All tolled, that comes to $4.8 million.
Tom must also pay Suri’s expenses, including medical, dental, insurance, education, college and extracurricular costs.
And … both Tom and Katie agree that Suri will NOT attend a “residential school” from now through her high school years. Translation — she can’t be shipped off to boarding school — Scientology or otherwise.
Katie could have gotten more child support under New York law if the case went to trial, but both she and Tom decided to settle quickly.