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.
BUTLER, PA. (THECOUNT) -- Gabriel Bishop GoFundMe: Authorities have now confirmed the identity of the…
PHOENIX, AZ. (THECOUNT) -- WNBA star Brittney Griner, who was released from Russian imprisonment in…
ORLANDO, FL. (THECOUNT) -- Sources with direct knowledge claim Britney Spears is facing "serious danger,"…
ELKHORN, OK. (THECOUNT) -- Amidst the aftermath of Friday's storm, country singer and songwriter Zach…
It is with heavy hearts that we bid farewell to Toby Keith, the iconic country…
LOS ANGELES, CA. (THECOUNT) -- Suzanne Somers, perhaps best known for her breakout role on…