Suri Cruise steps out in New York as Tom's trust fund kicks in

 

Suri Cruise was spotted walking through the frigid streets of New York City.

The 18-year-old, daughter of Katie Holmes and Tom Cruise, wore a sage green padded jacket and big blue pants.

The disclosure comes just after a source reported that Suri has now received access to her famous father's sizable trust money, which was established as part of Tom and Katie's 2012 divorce settlement.

A source told the Daily Mail that the trust is "substantial" and that Suri now has access to it after turning 18 in April.

While she has dropped the surname Cruise, Tom continues to assist his daughter, allegedly paying $65K per year for her tuition as well as medical, dental, and insurance expenditures.

Last week, she made a surprise appearance backstage at the Barrymore Theatre in Midtown Manhattan to support her mother, Katie Holmes.

The Carnegie Mellon University student sang Happy Birthday while carrying a vintage Robert Redford photo with the words "Happy B-day, Katie!" written on it.

Suri flew all the way from Pittsburgh to meet Katie in Our Town, bringing a lovely arrangement of purple flowers to express her devotion.

Katie took to Instagram, telling her 2.9 million followers, "I am so grateful for all of my blessings, especially my daughter!"