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$400,000 annually as part of their divorce settlement, which included $33,000 monthly payments for Suri until she turned 18.
In April as Holmes’ lookalike daughter enrolled in college, those payments stopped but her lifestyle remains unchanged, thanks to the activation of her substantial trust fund. Meanwhile, Holmes has also ensured her daughter’s financial security by setting up a separate fund for her future.
“It is part of the divorce deal that a trust fund provided by Tom Cruise be shared with daughter Suri Cruise when she turns 18, and it is substantial,” a source informed Daily Mail.
“She was allowed to access it when she turned 18 in April. The rest of the money will become available to her once she enters her 30s. The trust fund was carefully constructed so that she does not get all the money at once and becomes overwhelmed,” the insider revealed.