It seems as though Tom Cruise is getting exactly what he wanted from his divorce with Katie Holmes. After being granted visitation rights he did not have to cough up any money to Holmes; However, Cruise was ordered to pay 400,000 a month in child support. Tom dodged a bullet by not paying out a lump sum to Holmes. For more info read below.

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That’s a lot of kid-sized high heels. The details of Tom Cruise and Katie Holmes’ divorce settlement were leaked to TMZ this week, and it looks like Tom will be funneling a whole lot of cash for the care of the former couple’s 6-year-old daughter, Suri.

The actor’s alimony payments will reportedly be $400,000 a year. He’ll also cover medical and dental bills, insurance, education costs and more until Suri turns 18. Though it sounds like a pile of cash, Tom actually dodged a bullet by not having to give Katie a lump sum payout, according to TMZ. “Tom is very happy and relieved that he is moving forward,” an insider tells E!. “His priority is being a good father and this settlement will make sure that continues”

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