the Wedding Planner

UK Wedding News

28/08/2012

Katie Holmes Awarded $400,000 In Child Support Payments Following Divorce

Katie Holmes has been awarded $400,000 in child support payments from Tom Cruise, it has been reported.

Holmes, 33, signed a pre-nuptial agreement when she married Cruise, which prevented her from taking his fortune.

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According to TMZ, Holmes will receive $33,333.33 a month for child support and it is to be paid by electronic transfer.

Cruise must pay this for the next 12 years until Suri is 18.

He must also pay Suri's expenses, medical, dental, insurance, education and college tuition.

(CD)

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"Katie Holmes has been awarded $400,000 in child support payments from Tom Cruise, it has been reported."