Tom Cruise sets up trust fund for Suri
OHMYGOSSIP — Tom Cruise is a generous dad. The actor has apparently set up a “sizeable trust fund” for his and Katie Holmes‘ daughter Suri.
Cruise — who is giving his former spouse $400,000 per year in child support until six-year-old Suri turns 18 — has created the additional payment plan for his little girl upon the Dawson’s Creek actress’ request, although the youngster will be unable to fully legally claim the money until she’s in her 30s.
“Katie wanted the trust fund put in place for Suri so that their daughter will be able to tap into after she turns 18 years old,” a source said.
“Katie has absolutely no access to the money and didn’t want to. She just wanted to ensure that Suri would have financial security as she becomes an adult. It’s a sizable trust fund, but Suri won’t be able to fully legally claim it until she is in her 30s.
“Tom had no problem with the request and planned on doing it for Suri anyway.”