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whitney houston’s estates and richies

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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

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 first page

Whitney Houston’s last will and testament second page

Whitney Houston’s last will and testament second page

Whitney Houston’s last will and testament third 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.”

 

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Lionel Richie believes that Whitney Houston was the only person who could have saved herself from drugs.

Lionel Richie, 62, was a friend of Whitney Houston, who tragically died after allegedly ingesting alcohol and prescription drugs last month, but knows from his experiences with daughter Nicole, who had problems with heroin and cocaine abuse, that she was the only person who could have turned her life around.

He told UK TV show BBC Breakfast: ”You know … I know from Nicole’s experience. At some point you’ve got to realize the only person that’s going to save you – Nicole, or Whitney – is going to be yourself.

”This is s a tough business, a very tough business and you don’t hear this story every day, about people who are in our business, but it happens every day.

”The stories you don’t hear are the stories of the people who are not famous.”

Lionel Richie believes that Whitney Houston was the only person who could have saved herself from drugs

Lionel Richie believes that Whitney Houston was the only person who could have saved herself from drugs

Lionel Richie also said he can see how stars find it hard to see sense when they are surrounded by people who tell them everything they do is right.

Asked about being surrounded by such people, Lionel Richie added: ”I’m not immune to that, we’ve had that all the time.

”I get suspicious when from the time I wake up in the morning to when I go to bed in the evening everything I did was OK.

”That’s great but you know there’s nothing you could do all day that’s perfect, so you get suspicious and go, <<Something’s wrong if I’m right all the time.>> ”

Nicole managed to overcome her problems when she checked into rehab in 2003, and Lionel Richie recently revealed how he even went to stay in the facility with her to help her through the treatment.

Lionel Richie said: ”I was about to go out on tour and I said, <<Cancel the tour, we are checking into rehab>>. We as a family and, of course, I remember that look on her face when she walked down that hall and she said, <<Are you going to be here?>>

”I said, <<I’m right down the hall. I’m not going anywhere>>, because to me, there’s nothing more important, there’s no other greater signal you can send your kid – not only do I love you, but I want to demonstrate it.”

 

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