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That’s a wrap! Holmes-Cruise settlement reached in record time

On behalf of Law Office of Ann A. Thomson, A Professional Law Corporation posted on Saturday, July 28, 2012.

The tabloids have had to regroup now that the Tom Cruise/Katie Holmes divorce has settled. In fact, we all have. As we all wondered how the custody battle would pan out, how the Church of Scientology would figure in it and whether Holmes and Cruise had signed a prenuptial agreement when they married just a few short years ago, the couple was apparently negotiating an amicable settlement.

Just 11 days after Holmes filed for divorce, the couple reportedly agreed that Holmes will have primary custody of 6-year-old Suri. Holmes will also have control over Suri’s education and religious upbringing. Cruise will have visitation rights, though no details were available. One unidentified source commented that Cruise was often traveling for work, leaving Holmes as Suri’s primary caregiver. Not much will change for the little girl, the source commented.

The division of marital assets was, it seems, handled in the prenup. Reports are that Holmes won’t get much in terms of cash or property. For child support, according to TMZ.com, Cruise will pay more than $10 million over the next 12 years. Payments will stop when Suri turns 18.

What’s interesting is that when the settlement was announced Cruise had yet to respond in court. Both he and Holmes were represented by counsel in the negotiations, but the lack of a court filing from Cruise is reminiscent in a way of Courteney Cox and David Arquette’s approach to their divorce.

Cox and Arquette had apparently settled the property division and custody questions before he filed in court. The details of any negotiations haven’t become public, but the couple managed to avoid a protracted court battle by agreeing to their terms before going to court.

Cox and Arquette had been separated for two years, though. By most reports, Cruise was taken by surprise when Holmes filed for divorce.

Source: Boston Herald, “Tom Cruise divorce agreement gives Katie Holmes primary custody,” Richard Winton and John Horn, July 10, 2012


From offices in Seal Beach, the Law Office of Ann A. Thomson serves clients throughout Southern California in communities such as Seal Beach, Santa Ana, Brea, Yorba Linda, Fullerton, Corona Del Mar, Costa Mesa, Newport Beach, Irvine, Laguna Beach, Dana Point, Mission Viejo, San Clemente, San Juan Capistrano, Anaheim, Fountain Valley, Garden Grove, Long Beach, Huntington Beach, Norwalk, Torrance, Rancho Palos Verdes and Los Angeles.