Whitney Houston’s Will Leaves Entire Fortune to Daughter Bobbi Kristina
The details of Whitney Houston’s Last Will and Testament have been revealed, and her 19-year-old daughter Bobbi Kristina will get EVERYTHING!
Houston’s will, which was officially signed in 1993 and filed in Atlanta, doesn’t mention any specific assets, however, it does stipulate that all of the singer’s belongings should go to her surviving children, and Bobbi Kristina was Whitney’s only child.
What exactly does Bobbi Kris get, you ask? Well, in a nutshell … pretty much everything. Literally!
All of Whitney Houston’s money, furniture, cars, clothes, jewelry, personal items, etc. goes straight to Whitney’s only child.
According to Inside Edition, who first obtained the 19-page document, Bobbi Kristina’s inheritance will be placed in a trust until she turns 21. When she turns 25 years old, she’ll get more money, and the rest will come until she turns 30.
Houston’s beloved mom Cissy had been named as Executor in the Will, but according to probate documents, she renounced the appointment shortly after her daughter’s death in February.
When the will was filed on Wednesday, a Fulton County, Ga. probate judge named Whitney’s sister-in-law and manager, Marion (Patricia) Houston, as the sole Administrator of the estate.
The will was first drafted up in 1993, and was amended in April 2000 when Houston was still married to Bobby Brown, who is mentioned in the will, but gets absolutely nothing. (No surprise there!)
According to The Hollywood Reporter, since Whitney’s death, her albums have sold 648,000 copies, and based on royalty payments of $1 per album, Houston’s family has made almost $700,000 from those album sales.
Whitney Houston tragically died nearly a month ago on February 11th at the Beverly Hilton hotel in California the night before the Grammy Awards.
Pending toxicology tests that could take several weeks to come back, a cause of death for the R&B icon hasn’t been determined.