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Katie Holmes Divorce Settlement From Tom Cruise: Suri Gets 'Sizable Trust Fund'

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Aug. 28 2012, Published 9:00 a.m. ET

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By Jen Heger - Breaking Celebrity News 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, Breaking Celebrity News 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 Breaking Celebrity News 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."

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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 mar