Bobbi Kristina has died, but now what happens to the inheritance of her late mother’s $20 million fortune?
After Whitney Houston died, it was revealed she had left all her money to her only daughter, Bobbi Kristina, but Whitney insured that if anything happened to Bobbi Kristina, the disbursement would be determined by her wishes, and not her daughter’s.
A copy of Whitney’s will, which established a trust, states Bobbi Kristina would receive 1/10 of Whitney’s estate when she turned 21.
Bobbi Kristina was set to get 1/6 of the balance when she turned 25, but that will not happen since she died tragically at 22. Whitney’s will provided that if Bobbi Kristina died before reaching 25, all the money would go to the people Whitney designated. Translation, Bobbi Kristina had no authority to give away 9/10 of Whitney’s fortune. As for who Whitney designated … mother Cissy and brothers Michael and Gary. The will also gives Bobby Brown a cut, but there’s an issue. The will is worded to “my husband, Robert B. Brown.” Obviously, the will was drafted before they divorced in 2007, and the issue is whether Bobby still qualifies since he is no longer her husband. h/t tmz
According to the law of New Jersey, where the will was drafted, Bobby will NOT get the money because being Whitney’s husband is a qualifier which he no longer meets.
PINE BLUFF, AR. (THECOUNT) -- The Pine Bluff Police Department has confirmed the identity of…
LINCOLN, NE. (THECOUNT) -- A tragic incident unfolded on Friday evening in the outskirts of…
ASSAM, INDIA. (THECOUNT) -- A woman from the USA tragically died in a road accident…
AIKEN COUNTY, SC. (THECOUNT) -- A tragic accident on an Aiken County road claimed the…
SUFFOLK COUNTY, NY. (THECOUNT) -- Central Islip man Jose Garcia Granados was killed in a…
HIDALGO COUNTY, TX. (THECOUNT) -- On Thursday night, Edinburg police began investigating a fatal motorcycle…