Whitney Houston’s will has been released, and it has been revealed that the late singer has left everything in her possession to her daughter Bobbi Kristina.
All of her money, as well as her personal effects, has been willed to the 18-year-old.
According to a court document, which was obtained by Inside Edition, the superstar, who died on February 11 aged 48, first set up the will in 1993. However she then amended it in 2000, while she was still; married to former husband Bobby Brown.
But the R&B singer will not receive anything, although he is mentioned in the document itself.
Allegedly, money left by Whitney to Bobbi Kristina will be put into a trust which Bobbi Kristina will be given access to when she turns 21.
At that time, in 2014, she 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 instalment on her 30th birthday.
According to BANG Showbiz, Whitney’s mother Patricia “Cissy” Houston is the executor of the will and her brother and sister-in-law are trustees Whitney and Bobby Brown were marked for 14 years, but Whitney signed a prenuptial agreement before they tied the knot in 1992, which banned Bobby from accessing her will.
The prenup 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.’
SOURCE: http://www.dailymail.co.uk
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