June 09, 2006

Bargaining For Dollars


Tom Cruise and Katie Holmes fans may be hearing wedding bells — or maybe the sound of a cash register. The couple reportedly have hammered out a prenuptial agreement that will give Holmes as much as $33 million and that will pave the way for the two to get hitched.

The happy couple and their lawyers have come up with a contract that will give Holmes $3 million a year up to $33 million for each year that she is married to Cruise, as well as a palatial home in Montecito, California, according to Life & Style Weekly. If the marriage lasts longer than eleven years, the contract becomes void and California's community property law kicks in — giving Holmes half of Cruise's rather sizeable fortune.

When contacted by The Scoop, Cruise's rep declined to comment, but an "insider" told the mag that Holmes's parents had been trying to get her out of the relationship — but have changed their minds and now want her to marry Cruise. “If she walks now, Tom will fight her for custody of [daughter Suri], and Katie can’t outlast him in court,” an insider told the mag. “She knows she needs to marry him to get the money to fight him for custody, if it comes to that.”

Source: MSNBC

Posted by: Lawrenkm at 06:39 AM | Comments (3) | Add Comment
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1 Ummm, what makes them think he would get custody automatically? And has she even thought about, oh I don't know, WORKING herself?? That MIGHT get her some cash...

Posted by: Lisha at June 09, 2006 07:53 AM (xeLaP)

2 How romantic.

Posted by: The Reverend at June 09, 2006 09:54 AM (wPIeZ)

3 she looks awful!

Posted by: at June 09, 2006 10:24 AM (HA242)

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