Bobbi Kristina, daughter of Whitney Houston will receive a 100 percent windfall from the Houston estate. According to reports Houston’s daughter will receive more than $20 million in assets and cash.
The 19-year-old girl is the product of the Houston-Bobby Brown marriage has had a hard go at life since her mother died in a Beverly Hills Hotel. Bobbi partied t0o hard and ended up in hospitals on three different occasions including two trips to the ER in a single 24 hour period.
While the will doesn’t specify holdings that Bobbi Kristina will receive it does specifically state that she will receive ALL furnishing, personal effects, clothing, jewelry and cars previously owned by her mother.
While Bobbi Kristina will receive all of her mothers property the will specifies that the estate be placed in a trust with money being paid out in stages. Bobbi will reportedly earn a chunk of the estates worth when she turns 21, part of the estate when she turns 25 and the rest when she reaches 30-years-old.
The will was filed on Wednesday in Atlanta and was signed by Whitney Houston in 1993, just one month before she gave birth to Bobbi Kristina.
As for the hundreds of millions of dollars that Whitney Houston’s song materials might earn in the future, most of her songs were written by other people which left very few catalog royalties and rights to the Houston estate.
Do you think a trust fund that pays out money to Bobbi Kristina over an 11-year period was the right way to setup her will?
