With Bobby Kristina moved to hospice care Whitney Houston's estate lies in limbo…
The Wrap explains,
The daughter of Whitney Houston and Bobby Brown was the sole heir to the “I Will Always Love You” singer’s fortune, which by the time of her 2012 drug-induced bathtub drowning death was down to about $20 million, according to a Billboard report.
Whitney Houston’s last will and testament was structured to pay Bobbi Kristina’s inheritance in installments, with the remainder placed in a trust. Houston and Brown’s only daughter was set to get 10 percent (about $2 million) on her 21st birthday and an additional 25 percent (about $5 million) when she turned 25. The remaining $13 million or so would be due on her 30th birthday.
Bobbi Kristina turned 22 this March, leaving the vast majority of the amount lying in wait. If she dies before turning 30, the funds revert to Bobbi Kristina’s estate, per Houston’s will. As the next-of-kin to Bobbi Kristina, Bobby Brown would then inherit any monies received to-date, so about the aforementioned $2 million for now.
However, the will also dictates what would happen if Bobbi Kristina dies unmarried before the age of 30: The undistributed portion of the estate would go to Houston’s living relatives, which include her mother, Cissy, and two brothers. It gets even more complicated from there, as the music sales charting company explained.
