Whitney Houston Will: Bobbi Kristina Inherits Singer’s Fortune
While much chatter has ensued following Whitney Houston‘s death regarding her estate and how properly she provided for her only child, daughter Bobbi Kristina, it has been confirmed that Houston did indeed update her will and left everything to her sole heir. Not surprisingly, ex-husband Bobby Brown, who is Bobbi Kris’ dad, was left entirely out of the will.
According to Inside Edition, Bobbi Kristina, who turned 19 on March 4, stands to inherit the entirety of her mother’s estate, including money and property when she turns 21. The cash will be held in a trust for the next two years. When she turns 25, she will have access to a greater sum of money. Upon her 30th birthday, she will be receive what’s left. Clothing, jewelry, furniture, personal items and cars are all bequeathed to her.
Brown is mentioned in the will, but he is not a recipient of any of his ex-wife’s assets. Houston did make a provision for Brown in case Bobbi Kristina pre-deceased her. In that situation, Brown, her mother Cissy and other relatives would split the remainder of the estate. Cissy is named the executor of the estate, with her brother Gary and sister-in-law Patricia serving as the trustees.
Houston first signed the documents in Feb. 1993, a month before her daughter was born, so she was apparently thinking ahead. She amended it in 2000.
It begs the question, however. If Houston provided for Bobbi Kris, why did the family resort to selling funeral footage for her financial benefit? It makes one wonder just how much Houston left behind, as she was reportedly deeply in debt.