Katie Holmes Won’t Receive Spousal Support From Tom Cruise
Posted on August 24, 2012 at 9:44 AM
Now that their divorce has been finalized, it should come as no surprise that the details of Tom Cruise and Katie Holmes’ settlement are starting to spill out. According to TMZ, the former Mrs. Cruise will NOT be receiving spousal support!
Even though Katie won’t be getting a dime from Tom’s multi-million dollar fortune, the action star will have to shell out $400,000 a year (equating to $33,333.33 a month) for their daughter Suri until she turns 18. While some tidbits of the settlement are still being kept under wraps, it’s been discovered that Tom will also pay for Suri’s dental, medical, school and college expenses. And though Suri still has a ways to go before she’s college-bound, TomKat agreed that their little girl will not be attending a “residential” school, a.k.a. a boarding school.
Now that Tom and Katie are officially divorced and a settlement’s been reached, the former power pair can move both personally and professionally, all the while keeping the best interest of their daughter in mind.
Photos by Ivan Nikolov/Brian To/Michael Carpenter/WENN
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One thought on “Katie Holmes Won’t Receive Spousal Support From Tom Cruise”:
That is the single craziest thing I have heard today. The only possible explanation for this is that she got a lump-sum payout that’s so big, she doesn’t need spousal support, but since they primarily resided in California, isn’t she entitled to 1/2 of everything he made during that time? Nuts!