Whitney Houston’s last will and testament revealed the details on how Bobbi Kristina Brown will inherit her mother’s legacy.
Whitney Houston made provisions for her daughter before her death last month.
According to the legal document, Bobbi Kristina Brown, who is the beneficiary of Whitney Houston’s estate which has been placed into a trust, will receive money at the ages of 21, 25 and 30-years-old.
Whitney Houston, who passed away on February 11 aged 48, first set up the will in 1993, it was later amended in April 2000.
While Bobbi Kristina is not named, the singer stipulated that “any child of mine who survives” will receive all furniture, clothing, personal effects, jewellery and cars, as well as the balance of the estate.
Whitney Houston’s last will and testament revealed the details on how Bobbi Kristina Brown will inherit her mother’s legacy
If Bobbi Kristina dies, the estate would go to her relatives and her ex-husband Bobby Brown – who would have to decide between themselves how to divvy items up.
If the group couldn’t decide how to split the assets they would be sold and the cash would be distributed.
As well as staggering access to the trust Whitney Houston also stipulated that her trustees can release funds to Bobbi Kristina depending upon the circumstances and it is up to the trustees to allow to release the funds or not.
Presumably these would include if the teenager wanted to start a business, or pay for college.
It will no doubt come as a relief to the family that even though Whitney Houston’s former husband Bobby Brown is named in the will – he will not receive anything.
Whitney Houston’s last will and testament first page
Whitney Houston’s last will and testament second page
Whitney Houston’s last will and testament third page
Whitney Houston’s mother Emily Cissy Houston is the executor of the will and her brother and sister-in-law are trustees.
Her brother Gary Houston, who was named in the will as one of family members who the estate would be divided between if Bobbi Kristina dies, has spoken out about the document.
According to TMZ, Gary Houston said: “I don’t concern myself with any of that [will stuff] … All I know is my sister’s gone.”
Whitney Houston’s will has been made public and it has revealed that the late superstar has left everything in her possession to her daughter Bobbi Kristina Brown.
All of Whitney Houston money, as well as her personal effects, has been willed to Bobbi Kristina Brown.
According to a court document, which was obtained by Inside Edition, Whitney Houston, who died on February 11 aged 48, first set up the will in 1993.
The singer then amended it in 2000, while she was still married to Bobby Brown.
Bobby Brown will not receive anything, although he is mentioned in the document itself.
Allegedly, money left by Whitney Houston to Bobbi Kristina will be put into a trust which the teenager will be given access to when she turns 21.
At that time, in 2014, Bobbi Kristina Brown will receive a portion of the inheritance, before being given another chunk at the age of 25.
Bobbi Kristina will receive the rest of her inheritance in a final installment on her 30th birthday.
All of Whitney Houston money, as well as her personal effects, has been willed to Bobbi Kristina Brown
According to BANG Showbiz, Whitney Houston’s mother Patricia “Cissy” Houston is the executor of the will and her brother, Gary, and sister-in-law, Pat, are trustees.
Whitney Houston and Bobby Brown were married for 14 years, but they signed a prenuptial agreement before they tied the knot in 1992, which banned Bobby from accessing her will.
The prenuptial agreement stated: “Houston shall have the right to dispose of her Separate Property by Last Will and Testament in such manner as she may, in her own uncontrolled discretion deem proper.
“All future earnings, income, and accumulations resulting from each of the party’s respective personal activities, skills, efforts and work (including but not limited to each party’s respective earnings, income and accumulations derived from recording contracts, movie contracts, other media contracts, concert tours, endorsements, personal appearances….shall remain separate.”
It has emerged that Bobbi Kristina Brown will inherit everything from her mother’s will – but her family are hoping she doesn’t inherit Whitney Houston’s fame.
Whitney Houston’s family reportedly wants Bobbi Kristina out of the “limelight”.
A source told People magazine: “There is still no resolution and there has been nothing concrete on the cause of death, and they were hoping for that.
“There were members of the family who weren’t keen on [the interview] going down at this time.
“There are people who just want her to stay out of the limelight for a while. This is a little girl who just needs some time.”
Whitney Houston and Bobby Brown’s prenuptial agreement, which was drawn up before they got married in 1992, has now been revealed.
Whitney Houston, who passed away last month at the age of just 48, signed the document on July 17, 1992, and as well as banning Bobby Brown from accessing her will, it stated the income both parties earned during their marriage would remain separate property.
RadarOnline.com has obtained the document, which states: “Houston shall have the right to dispose of her Separate Property by Last Will and Testament in such manner as she may, in her own uncontrolled discretion deem proper.
“All future earnings, income, and accumulations resulting from each of the party’s respective personal activities, skills, efforts and work (including but not limited to each party’s respective earnings, income and accumulations derived from recording contracts, movie contracts, other media contracts, concert tours, endorsements, personal appearances….shall remain separate.”
Whitney Houston signed the prenuptial agreement on July 17, 1992, and as well as banning Bobby Brown from accessing her will
Whitney Houston and Bobby Brown, who had a daughter, Bobbi Kristina, together, filed for divorce in 2006 after 14 years of marriage, but the prenuptial agreement stated the late singer had “no obligation” to support her former spouse.
The document stipulated: “Brown agrees that Houston shall have no legal obligation to support him, and that he shall have no right to require the payment of any alimony, support (including temporary support), or other maintenance, and no right to receive any rights, interests, or claims to Houston’s property, and Brown hereby waives releases, and forever renounces any and all such rights to the fullest extent permitted by law.”
Bobby Brown, who was believed to have introduced Whitney Houston to illegal substances, was rumored to have been possibly banned from attending the star’s funeral last month, but did attend, only to leave early after a seating dispute.
