Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

All Katie Gets From Tom: Child Support

Cruise gives Holmes no lump sum, no spousal support

By Matt Cantor,  Newser Staff

Posted Aug 24, 2012 10:59 AM CDT

(Newser) – In accordance with a TomKat prenup, Katie Holmes won't be getting a dollar of spousal support in her divorce settlement. The only money she'll see is child support—and relatively little of it, TMZ notes. Tom Cruise owes his ex $400,000 a year in child support, far less than a judge could have required, the site points out.

That comes to $4.8 million over the next 12 years, until Suri is 18. Cruise will also have to cover expenses, from medical costs to tuition fees. Had the case gone to trial, Holmes might have seen more child support, but apparently all she wanted was the divorce. Another tidbit from the settlement: Neither parent can send Suri to a boarding school—perhaps because of her parents' religious differences, TMZ suggests.

In this Nov. 4, 2007 file photo, Katie Holmes joins Tom Cruise as he holds their daughter Suri after Holmes finished the New York City Marathon in New York.
In this Nov. 4, 2007 file photo, Katie Holmes joins Tom Cruise as he holds their daughter Suri after Holmes finished the New York City Marathon in New York.   (AP Photo/Kathy Willens, file)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
7%
16%
7%
14%
2%
54%
To report an error on this story, notify our editors.
COMMENTS
Showing 3 of 9 comments
OuttaHere
Aug 25, 2012 7:31 PM CDT
Good move on her part. Money for her would have come with strings. Cruise is toxic relationship waste. Get away, get far away.
troy705
Aug 24, 2012 1:30 PM CDT
The judge should have given her a restraining order against Tom.
chillette
Aug 24, 2012 12:52 PM CDT
Ha Ha, Katie Holmes tried to play rough and got slapped down. 
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne