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Kate Holmes Agrees to PreNup $$ With Tom Cruise

Posted by on June 8, 2006 2:48 PM |

Kate Holmes & Tom Cruise photoKatie Holmes and Tom Cruise have reportedly reached an agreement on the prenup contract. With that out of the way, they can now get married. The couple and their respective lawyers have come up with figures that will give her at least $3 million a year and going up to $33 million for each year that she is married to Tom, according to a report in Life & Style Weekly.

The agreement will be in effect for the first 11 years of marriage. If the couple should stay together longer than that then the contract becomes void and California's community property law kicks in. That law states that Katie would then be entitled to have of Tom's enormous bank accounts and real estate holdings.

Katie's parents, Martin and Kathleen Holmes, who have been leary of Tom and his Scientology religion all along, have changed their tune. An insider told the magazine that her parents now want to see their daughter married - for financial reasons. “If [Katie] walks now, Tom will fight her for custody of Suri and Katie can’t outlast him in court,” an insider revealed.

“She knows she needs to marry him to get the money to fight him for custody, if it comes to that.”



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