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Tom Cruise to Pay Katie Holmes Modest Child Support in Divorce settlement.

It was reported that all Katie Holmes wanted when she walked away from her marriage to mega actor Tom Cruise, was to make sure that her daughter would be taken care of no matter what happened. All she wanted was a divorce and for him to comfortable take care of their daughter Suri. This is exactly what she got and it reportedly very happy with the outcome. People close to the situation are reporting that Katie did not receive a lump sum payment in the couple’s divorce settlement. This agreement comes from a prenup that Holmes signed locking her out of the Cruise fortune. She also asked for nothing in spousal support. Tom has agreed to pay Katie $400,000 a year in child support, or $33,333.33, until Suri turns 18, coming in a shade under $5 million total. He’ll also cover her medical, dental, insurance, education, college and other costs.

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