Houstons daughter inherits her fortune

Houstons daughter inherits her fortune

By: || Updated: 01 Jan 1970 12:00 AM


Los Angeles:
Whitney Houston left all of her assets to her daughter Bobbi Kristina in
her will, According to a Sky News
report
, Bobbi Kristina, 19, will receive the proceeds from all of
the late singer's money, furniture, clothing, personal effects, jewellery
and cars. The inheritance will be placed in a trust until she is 21. She
will get more money when she turns 25, and the rest when she is 30.

Houston's
mother, Cissy, is the will's executor, with her brother Michael and
sister-in-law Donna trustees. Bobbi Kristina was born during Houston's
troubled marriage to singer Bobby Brown. A copy of part of the will, first
drafted in 1993 and amended in 2000 when she was still married to Brown,
was published on the show's website.

The last testament states
that if her daughter had died before Houston, her assets would have been
shared between her ex-husband, her mother Cissy and other relatives.
Houston was found dead on February 11 in a Los Angeles hotel room, aged
48. Toxicology results which could confirm the cause of death have yet to
be released. She was laid to rest in a New Jersey cemetery next to her
late father, after a funeral ceremony celebrating her life on February 18.




For WORLD News Follow us on Facebook, Twitter, Google+ and for news updates download our News App.

First Published:
Next Story Vagina Wigs, the latest fashion fad