Katie Holmes (not pictured0 took daughter Suri Cruise to a gymnastics class in New York yesterday (August 28th). After Holmes and ex-husband Tom Cruise‘s divorce was settled, the bigger question remained: What about a trust fund for Suri?
“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 told Radar Online.
“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.”
Despite not getting a large payout from Cruise, Holmes has a small fortune in her closet.
“Katie’s handbag collection includes custom made Hermes Birkins that would make any fashionista swoon,” the source previously told Radar. “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.”