Katie Holmes Will Receive $400K Annually from Tom Cruise

Despite a fast and easy divorce, Katie Holmes backpedaled and decided that she wanted to receive some of Tom’s earnings in the form of child support payments for their 6-year-old daughter, Suri. According to the New York Daily News, the movie star will be sending his wife $400,000 every year to pay for expenses regarding Suri’s welfare. As well, Katie will keep primary residential custody of her daughter and have legal custody when it comes to educational and health care decisions. Holmes did not ask for spousal support, being perfectly capable of supporting herself on the money she makes from a variety of celebrity endeavors and acting stints. The ex-wife expects to receive $33,333 per month that will go to caring for her daughter.

News stations report that Cruise will still need to pay for medical treatments, insurance, and education for Suri until her 18^th birthday in addition to these monthly installments. The sum seems sizable to most people, but TMZ calls it “modest.” This is because Cruise is worth a grand total of $250 million, and Holmes could have obtained a significantly larger portion of that money had she wanted to. The couple divorced back in June after 6 years of marriage. Holmes did the filing, citing irreconcilable differences which were mostly traced back to their difference of opinion on religion.

The couple’s divorce shocked Hollywood, because they were considered one of the most popular movie star couples on the market at present. Cruise claims that he was blind sighted by the divorce papers, but was thankful that they had a prenuptial agreement that helped him to keep the bulk of his fortune. The divorce was finalized on August 20^th, 2012. If you want child support from your ex-spouse, then you will want an aggressive and strategic lawyer on your side to help make that happen. With the right advocate, you can express your need for financial assistance to the courts and receive money for your children’s daily expenses. Find a family lawyer today to get started!