Thursday, March 8, 2012

Whitney Houston Leaves Entire Estate to Daughter

According to TMZ, Bobbi Kristina has inherited all of her mother's fortune which is valued around $20million.

The 19 year old will have access to her inheritance in stages, earning a portion when she turns 21, another chunk when she turns 25, and the rest when she turns 30.

But the will provides that if Bobbi Kristina dies before probate is completed, ex-hubby Bobby Brown and various relatives would split up all of her assets and she left it up to them to agree on the how to divvy things up. 


There is one thing that Whitney didn't want to put up for grabs -- her jewelry.  In the event Bobbi Kristina died, all of Whitney's baubles would go to her mom Cissy.

In addition to Brown, Whitney named her mom Cissy, her dad John and her brothers Michael and Gary as beneficiaries. 

Now here's the catch ... If Bobby and the others couldn't reach an agreement on who gets what, the will says all of Whitney's stuff would be sold and they would just divide the cash.

Whew! Too much rules for this will... o well am hopeful Bobbi Kristina will live long to avoid family drama over inheritance. (Amen).

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