Actress Katie Holmes was photographed with her 6-year-old daughter Suri in New York City on Tuesday (August 28). Accompanied by the bodyguard, the mother-daughter duo were seen at Chelsea Piers where Suri had gymnastics class.
A proud Katie watched from the sidelines while her gorgeous girl, dressed in a pink gymnastics suit, learned her bars skills.
Reportedly, Suri will be receiving a “sizable” trust fund at the age of 18 from her famous father, Katie’s ex-husband Tom Cruise.
Tom will be responsible for their daughter’s expenses, such as medical and dental care and tuition to the $40,000 a year private school Avenues, where Suri is scheduled to start first grade after Labor Day.
While this might seem like enough, a source says that during their divorce settlement Katie negotiated a large trust fund for Suri to access once she turns 18 years old.
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“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.”