Cissy Houston Settles Whitney’s Estate With Bobby Kristina, Agrees To Pay 20 Million



As reported by MSDTV, Whitney Houston’s family filed a petition against Bobbi Kristina Brown in an attempt to revise the 19-year-old’s inheritance payments.

Now it seems that they have retracted their request as Bobbi Kristina will be getting the scheduled payments totaling to 20 million by the time she is 30 years old…

TMZ reports:

Kristina and her grandmother, Cissy Houston, have reached an agreement to leave the teenager’s $20 million payment plans unadjusted. As the agreement currently stands, Brown will receive 10% when she turns 21, 20% at age 25, and the remaining amount when she turns 30.

The singer’s mother, Cissy Houston and sister-in-law/business manager, Pat Houston originally sought out to revise Brown’s inheritance payments citing that she “is a highly visible target for those who would exert undue influence over her inheritance and/or seek to benefit from respondent’s resources and celebrity.”

Apparently that didn’t work for them.

Stay Tuned.