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Tom Cruise & Katie Holmes Agree Suri Should Be Set For Life

Say what you will about Tom Cruise & Katie Holmes, but one thing you can't say about the two - they're not good parents.

TomKat may be neutered, but that doesn't mean Suri's life isn't the cat's meow.

The divorced parents will be leaving a large sum of moneys in their daughter's trust fund account, which the little girl will gain access to when she's 18, but won't fully be able to use until she's well in her 30's.

Here's what a source said:

"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. 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."

Like we've mentioned previously - it's never easy for a child to go through a divorce, but it sure does help when financial matters are not a huge concern.

Major props to this former man and wife for getting their parenting done right!!!

[Image via Ramey Pix.]

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Q & A With Dr. J

Filed under: Exclusives!Q&AFamily

Dr. J

We love our family and friends, but does that mean we have to be responsible for their financial irresponsibility?

A FitPerez reader wondering whether or not to issue a loan to a friend in need wrote to life coach Dr. J for advice, asking:

A friend asked if he could borrow some money. Someone told me never loan money to your friends or family, but I feel bad…what should I do?

According to Dr. J:

Playing Pickle as a kid was fun! BUT being in a pickle as an adult can sometimes lead to sleepless nights and uncensored, family-feud, heavy-weight fights. Giving your hard earned money to family or your "family of friends" can be a risk. When people borrow bread, it can go from a dinner roll to a whole loaf before you know it. The first helping hand somehow leads to an open invitation for some people. Are You up for it? If You do embark on a risk, ask yourself, is it calculated or casual? Bottom line, do You want the money back or not?

Some rules of thumb:

- If You Got It and Give It, it will be posted all over the planet! Everyone will somehow now know where to go for some free dough!

- If You Give It…Make 'em sign for It. Ask the bankers who lend money for a living! There are no free handouts! Give them terms before You give them trinkets! Hold them accountable to every cent and be forensic with your funds. Make up a payment plan and a back up plan. Sometimes if you go through measured steps, people are less likely to borrow because they don't want to hang themselves on all that red tape.

- If You Give Your Dinero, Be Willing to Get Back Zero! The reality is, even with the best intentions, the person who borrowed the money may not be able to pay you back. Will that make you resentful? Will your relationship withstand this test? Prepare to be aware of the consequences of your generosity.

Remember, money might befriend people but borrowing money can make friends and family run away!

If you've got a question about how to handle something bothering you in life, shoot us an email or ask the doctor himself @AskDocJ on Twitter!

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