Tom Cruise sets up `sizeable trust fund` for daughter Suri
Melbourne: Tom Cruise, who is giving former spouse Katie Holmes 400,000 dollars per year in child support until their daughter Suri turns 18, has reportedly also set up a "sizeable trust fund" for the six-year-old.
The Hollywood heartthrob is said to have created the additional payment plan for his little girl upon Holmes`` request, although the youngster will be able to fully legally claim the money only after she turns 30.
"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 told RadarOnline.
"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,” the source added.