Tom and Katie’s official divorce papers reveal the actor is only required to pay $400,000 a year in child support to Suri for 12 years — just a fraction of his $250 million fortune!
Katie Holmes filed for divorce from Tom Cruise on June 29, and reached a settlement within weeks. But the official court documents have just been released — and they reveal shocking information about the A-list couple’s marriage, including his child support arrangements for daughter Suri Cruise, 6.
The official divorce papers obtained by the National Enquirer confirms the Mission Impossible actor, who has been a leading man in Hollywood for more than three decades, is only required to pay his daughter $400,000 a year in child support.
Tom must also pay for Suri’s “medical, dental, insurance, reimbursed medical and dental, education, college, extracurricular, and camp expenses.”
The payments are only until Suri turns 18, so for the next 12 years, that amounts to just $4.8 million. If he fails to pay (which is highly unlikely), the judge threatens to throw Tom in jail “for a term not to exceed six months.”
But that’s not including the sizable trust fund the 6-year-old is reportedly getting from her dad, which she can’t tough until she turns 18.
The papers also reveal that Katie believed the marriage was over six months prior to the actual divorce filing — that’s including the Father’s Day trip Katie and Suri took to Iceland in June to visit Tom.
What do YOU think of the child custody arrangement HollyMoms?
— Christina Stiehl
More Tom Cruise Child Support News: