Categories: ThecounT

Now What Happens To Whitney Houston’s $20 MILLION?

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.

THECOUNT.COM "ALWAYS OPEN! Since 2005!"

this is why i'm hot

Recent Posts

OK Woman Shea James ID’d As Victim In Saturday Fatal OKC Crash

OKLAHOMA CITY, OK. (THECOUNT.COM) -- Patricia “Shea” James, a 28-year-old woman from Oklahoma City, Oklahoma,…

3 days ago

Actor T.K. Carter Found Dead Friday In California Home

DUARTE, CA. (THECOUNT.COM) -- T.K. Carter, the veteran actor best known for his role as…

3 days ago

Deadheads Mourn Death Of Grateful Dead Guitarist Bob Weir

LOS ANGELES, CA. (THECOUNT.COM) -- Bob Weir, the legendary guitarist, singer, and founding member of…

3 days ago

Jordan Deaton ID’d As IA Man Killed Following Thursday Des Moines Police Pursuit Crash

DES MOINES, IA. (THECOUNT.COM) — Jordan Douglas Deaton, a 27-year-old Des Moines man, has been…

4 days ago

Biagio Kauvil ID’d As PA Man Killed In Wednesday Pittsfield Police Involved Fatal Shooting

PITTSFIELD, MA. (THECOUNT.COM) — Biagio Kauvil, a 27-year-old Berkshire County man, was shot and killed…

4 days ago

LA Businessman Carl Krielow ID’d As Pilot In Thursday TX Fatal Plane Crash

SABINE PASS, TX. (THECOUNT.COM) — Carl Krielow, a 71-year-old Louisiana pilot, well-known Southwest Louisiana businessman,…

4 days ago