Thursday, March 8, 2012

WHITNEY HOUSTON LEAVES ENTIRE ESTATE TO HER DAUGHTER


Word on the street is that singer Whitney Houston has left her entire estate to her daughter, Bobbi Kristina. According to the singer's will, (which was filed on Wednesday in Georgia), Bobbi Kristina will receive all of her mother's money, furniture, clothing, personal effects, jewelry, and cars. Houston’s fortune will be placed in a trust until Bobbi Kris turns 21 (she's 19 now); she will receive more money when she turns 25, and the rest when she is 30.


Houston’s mother Cissy was the original Executor in the will, but she renounced the appointment. Whitney’s sister-in-law, Patricia Houston, has since been appointed as the sole administrator of the estate.

Houston last updated her will on February 3, 1993, before she gave birth to her daughter. It was amended in 2000 when she was still married to Bobby Brown. (Brown was mentioned in the will, but won't receive a dime.) As for how much money Bobbi will receive is unknown, especially since Whitney was reportedly in serious debt.

Bobbi Kristina’s exclusive interview with Oprah Winfrey airs on March 11 on OWN.

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