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Katie Holmes emerges with a big smile after Tom Cruise's trust fund for daughter Suri officially 'kicks in'

Katie Holmes appeared in high spirits as she was spotted for the first time since DailyMail.com reported that her daughter Suri Cruise's trust fund from Tom Cruise has officially 'kicked in.'

Cloaked in a stylish leather sheepskin jacket over a pair of purple trousers, Holmes kept a low profile with a black beanie and sleek designer sunglasses, blending effortlessly into the Big Apple’s bustling streets. Just hours before her brisk city stroll, a source confirmed to DailyMail that Suri, who turned 18 in April, is now able to access the substantial trust fund set up by her famous father. Cloaked in a stylish leather sheepskin jacket over a pair of purple trousers, Holmes kept a low profile with a black beanie and sleek designer sunglasses, blending effortlessly into the Big Apple’s bustling streets

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