Friday, August 24, 2012

Tom Cruise’s $250 Million Divorce: Katie Holmes Getting Child Support


Katie will only get modest child support — and no spousal support — from her multi-millionaire ex-husband Tom.



Shortly after Katie Holmes filed for divorce from Tom Cruise, the 33-year-old actress said she wanted nothing from her wealthy ex. Well, that’s exactly what she got! The Dawson’s Creek star has only been awarded $400,000 per year in child support payments in her divorce settlement, according to reports from TMZ.

Katie signed a prenuptial agreement when she married Tom in 2006 that excludes her from receiving a lump sum payout of his $250 million fortune. She will also receive no spousal support from the Top Gun star, however Tom is required to pay over $33,000 a month in child support for their six-year-old daughter Suri until she turns 18. In total, that amount comes to $4.8 million. Tom must also pay Suri’s expenses, including medical, dental, insurance, education, college and extracurricular costs.

The couple also agreed that Suri will not attend boarding school, discrediting rumors that Suri would be shipped off to a school that focuses on Scientology.

Under New York law, Katie probably could have gotten more money in child support if the case went to trial, but the pair wanted to settle quickly.

Do YOU think Katie deserves more money?

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