NEWSInside the Rumored Details of Katie Holmes and Tom Cruise's Divorce Settlement
July 10 2012, Published 5:07 a.m. ET
Now that the dust has settled ever so slightly on Tom Cruise and Katie Holmes' brand-new divorce settlement, experts are beginning to take a few guesses at what exactly is in the magic document that both parties agreed to and signed in record time.
OK! NEWS: CONNOR CRUISE TWEETS ABOUT FAMILY AFTER TOM CRUISE AND KATIE HOLMES DIVORCE ANNOUNCEMENT
While the nitty-gritty details are private, we can be all but certain that Katie was granted sole custody of Suri, just as she wished. A source told Newsday this really won't change much, as Katie was doing most of the child-rearing while Tom was shooting movies.
That would give Katie the upper hand in raising Suri. She would get to choose what school her daughter attends, but she probably can't forbid Tom from talking to Suri about Scientology. The courts will only intervene if Scientology proses a threat of imminent harm to the child, if certain rituals disturb the child, or if the religion in any way alienates her from Katie.
Meanwhile, it's anyone's guess how much Katie has been awarded in the split. While a judge can use his own discretion when annual incomes exceeds $400K, if the court uses the standard 7 percent to 10percent of the spouse's income to guage child support, Katie could walk away with anything from $20 million to $50 million.
- Jamie Foxx Jokes He's 'Cured' of Dating White Women 5 Years After Katie Holmes Split
- Katie Holmes Bashes 'Completely False' Claim Tom Cruise's Trust Fund for Daughter Suri, 18, Has 'Kicked In'
- Katie Holmes Reveals How She Handled Forgetting Part of Her Line During Broadway Performance: 'I Got Flustered'
Want OK! each day? Sign up here!
OK! GALLERY: TOM CRUISE AND KATIE HOLMES SPLIT! CHECK OUT THE WAY THEY WERE
"I think there was a lot of money attached to the settlement," celebrity family attorney Lisa Helfend Meyer told Celebuzz.com. "Cruise knew that she meant business. I think what she did was basically say to him, ‘If you’re not reasonable with me, I’m going to take this public.’”
