10 July 2012 5:05 AM, PDT | Huffington Post | See recent Huffington Post news »

Los Angeles (AP) — Only time will tell if the quick divorce settlement reached between Katie Holmes and Tom Cruise lasts longer than their five-year marriage.

It will need to, since the agreement will guide how the actors raise their 6-year-old daughter Suri for years to come. Yet major disputes could put the pair back in lawyers' offices and force them to enter a place they have successfully avoided so far — a courtroom.

The surprise announcement Monday that Holmes and Cruise had settled their divorce in less than two weeks ended what many expected to be a contentious breakup spanning both coasts.

Details of the agreement remain confidential and the pair released a joint statement indicating they intend to keep it that way.

"We want to keep matters affecting our family private and express our respect for each other's commitment to each of our respective beliefs and support each other's roles as parents, »

- AP

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