Details about Tom Cruise's settlement with Katie Holmes have emerged. TMZ reports that divorce documents filed in court show that Holmes will get child support, but no spousal support, and close to nil of her estranged husband's $250 million fortune, as per their prenuptial agreement.
According to the papers, Cruise, 50, will pay Holmes, 33, a total of $4.8 million over the next 12 years, which breaks down into $400,000 per year in child support for 6-year-old daughter Suri until she turns 18. The settlement also holds Cruise responsible for any expenses that Suri may incur, like health, dental and tuition costs, and prohibits Suri from attending a "residential school" of any sort -- including ones like the Sea Org Scientology school the "Mission Impossible" actor was allegedly eyeing for Suri. (read more at HuffPost.com)