Katie Holmes Divorce Settlement From Tom Cruise: Suri Gets 'Sizable Trust Fund'
Aug. 28 2012, Published 9:00 a.m. ET
By Jen Heger - RadarOnline.com Assistant Managing Editor
One of the main factors during divorce talks between Katie Holmes and Tom Cruise was the Dawson Creek actress' insistence on a sizable trust fund being set up for their daughter, Suri, RadarOnline.com is exclusively reporting.
"Katie wanted the trust fund put in place for Suri so that their daughter will be able to tap into after she turns eighteen years old," a source close to the situation tells RadarOnline.com exclusively. "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."
As we previously reported, Katie didn't get a huge payout from Tom because of an ironclad prenup, but the star will be keeping "millions of dollars in jewelry, designer handbags and other gifts" given to her by the Mission: Impossible star during the course of their marriage.
"Katie's handbag collection includes custom made Hermes Birkins that would make any fashionista swoon," the source previously told RadarOnline.com. "Katie has an oversize Birkin in a gorgeous shade of red. She also has several iconic Hermes Kelly handbags. Katie probably got at least ten Hermes handbags as gifts from Tom during the course of the marriage, ranging in price from 10k-50k, each! If Katie were ever to decide to auction the handbags off she would get top dollar because she was married to Tom Cruise when she got them. Katie's Hermes handbag collection definitely rivals her pal Victoria Beckham's."
Holmes will have primary custody of Suri, with Cruise having liberal visitation. The former couple married in 2006, with Holmes deciding to pull the plug on the marriage earlier this summer.
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