The Trials of Inheriting a Fortune – Whitney Houston’s Heirs

The inheritance of Whitney Houston’s daughter, Bobbi Kristina Brown, is stirring up family controversy. This from the Trials and Heirs blog:

Although you should take tabloid reports with a grain of skepticism,  there can be no question that Bobbi Kristina’s marriage to Gordon has set off fireworks in Whitney Houston’s family.  And the timing is noteworthy.  Bobbi Kristina just turned 21 a few weeks ago.

Why is this milestone so important?  Under Whitney Houston’s will, Bobbi Kristina begins receiving her inheritance at age 21, starting with a 10% distribution.  While that may not sound like a lot, various reports have estimated the estate’s assets at $12 million to $20 million.  If accurate, this means that Bobbi Kristina likely just became a millionaire.  So the big question is, can she handle the money or will she fall prey to those who may try to take advantage of her new-found wealth?

The family was so worried about Bobbi Kristina’s immaturity and inability to handle this money, that they previously had started legal proceedings to try to delay the payouts until she was older.  Cissy and other family members felt that inheriting this money would destroy Bobbi Kristina.

See the entire article here.


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