Tom Cruise and Katie Holmes Divorce Settlement Details
. Sources familiar with documents filed with the court tell TMZ ... Katie got no lump sum payout, which is consistent with the prenup which essentially shuts her out of Tom's $250 million fortune. As for spousal support .... Katie got zip. 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. We reported early on ... Katie said she wanted nothing from Tom other than a divorce -- well that's exactly what she got. more on this story TMZ submitted this story.
...end |
Kandace Springs - Run Your Race
On the Blue: New Horizons Cruise Day 1: Marbin Gets the Fun Started
Hot In The City: Prog Band Tu-Ner Coming to Phoenix
Slipknot To Play Rare Intimate Venue Show This Week
Deep Purple Announce New Album '=1'
Howard Jones, ABC And Haircut 100 Taking Fans Back To The 80s This Summer
Veil Of Maya and Brand Of Sacrifice Lead Summer Slaughter Lineup
Watch Sebastian Bach's '(Hold On) To The Dream' Video
Kittie To Rock North American Headline Dates
Billy Corgan's Adventures in Carnyland TV Series Premiere Announced
GHOSTxSHIP Releasing First New Music in 10 Years