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Whitney Houston's Will

Bobbi Kristina Gets EVERYTHING

3/7/2012 4:10 PM PST BY TMZ STAFF

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Whitney Houston
's 19-year-old daughter Bobbi Kristina got inconceivably richer the day her mother died -- because the singer left Bobbi 100% of her assets in her will ... an estate valued at around $20 million.

According to reports, Whitney's will doesn't enumerate specific assets -- but she leaves ALL furnishings, clothing, personal effects, jewelry and cars to her surviving children ... i.e. Bobbi.

According to reports, Houston's money will be put in a trust -- which Bobbi will have access to in stages ... earning a portion when she turns 21, another chunk when she turns 25, and the rest when she turns 30.

The will was just filed today in Atlanta. Whitney signed it back in 1993, a month before she gave birth to Bobbi.

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157 COMMENTS

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46.

Observer999    

A $20 million estate? With her level of stardom and longevity? Man, drugs must cost a LOT. She should have had 10 times that amount.

960 days ago
47.

joho777    

Bobbi will be able to buy all the drugs she wants now.

Her dreams come true!

960 days ago
48.

maria    

What a big mistake she will finish soon I see this girl soon whitout a penny soon

960 days ago
49.

UNLEVINED HARVEY    

fix your teeth please

960 days ago
50.

Jay    

Smart Move by Whitney... Great way for her to set it up.

960 days ago
51.

crazylady    

When it's all said & done their will be no where near $20 million. Whitey owed a lot of people ALOT of money !! She owe's Clive a great amount and how many other's ??? She was FLAT BROKE !! She blew it all on her fast lane life style. That is why the sale of the Home Going and what ever else they can sale. Clothes, jewlery,thing's like that they will sell for high dollar that is where most of the money will come from. B.K. will get some money but NOT near enough to live the high RICH life the rest of her life.And if she doesn't quit using, it's gone. Even at 30, not mature enough. If she doesn't go on to college and get a career, she's doomed !
I had a nephew ( age 22 at the time ) a few year's back inherited $500,000 from a unmarried uncle. He bought a fancy car, boat, and got into drug's. He took NO advice from many who were trying to help him. Advising him to invest and whatnot.A year and a half later it was ALL gone, including the car, boat, even a nice TV he ended up selling for his drug habit. He had NOTHING !! He had to move back in with his parent's.A HALF a MILLION dollar's in a year and a half all up his nose and on pill's. I will be surprised if their will be any money left in Whitney's estate after the money is paid out to all she owe's to.
As for B.K. if she keep's up her drug use, the money she does get will be ate right up for the drug's and that is not counting her living expenses and the life style she is used to.My nephew blew a half million in 18 month's !
I hope B.K. get's it together, get's intensesive rehab. goes on to college and get's a career AND a life !! Other wise she will be trash living on the street's in no time flat broke !! I think we will hear down the road that Whitney was FLAT BROKE, her life style left her broke.

960 days ago
52.

om    

Hopefully, she won't inherit all her mother's hangers-on.

960 days ago
53.

Kelly    

Smart move. But what are the liabilities? I thought Whitney Houston was so in debt Clive Davis was paying her bills...

960 days ago
54.

Truth    

STRANGE THAT TMZ DOESNT TELL THE WHOLE STORY... THE PDF FILE ON THE WILL SAYS CISSY HOUSTON IS THE EXECUTOR. SO KRISSI BETTER HAVE HER ASS IN ORDER OR CISSY WILL WITHHOLDING DISTRIBUTION OF FUNDS IF SHE'S ON DRUGS. GARY HOUSTON AND PATRICIA ARE THE TRUSTEES. I PREFER THEY GET JOHN BRANCA AND NEGOTIATE A FEW MEGA DEALS TO GET THE ESTATE FLUSH WITH CASH. THE PDF FILE SAYS THE WILL WAS LAST UPDATED APRIL 14, 2000 NOT 1993. AGAIN, TMZ STAFF MUST BE ON DRUGS; THEY GETTIN THEIR SH*T WRONG MORE FREQUENTLY THESE DAYS. #LAME. #TRUTH!!

960 days ago
55.

TMZISAPIECEOFSHIT    

After hearing the great news, Her drug dealer just picked out an expensive sports car and an ocean front condo for himself. Thanks BK!!

960 days ago
56.

Jay    

Whitney was BROKE, she blew everything that came in from her cd's over the years she wasn't working, on drugs! She had been getting loans from Clive Davis and taking advances from her label, ALL she had were her belongings and houses, and one she was trying to sell in Jersey and it isn't selling and the other probably mortaged to the hilt, she OWED, was in debt, her daughter only gets her possesions, she will also have to pay back her mon's debts, as the estate is always responsible. Whitney left a mess.

960 days ago
57.

Cari    

Rest in peace Whitney, and may God look over your loved ones in your absence.

960 days ago
58.

Truth    

NO ONE KNOWS WHAT NEGOTIATIONS THE ESTATE AND SONY/RCA WILL HAVE ONCE THEY MEET AND REDEFINE THE TERMS OF WHITNEY'S RECORDING CONTRACT. IN THE MEANTIME SHE SOLD LIKE A MILLION ALBUMS ALREADY AND OVER 2 MILLION TRACKS AND COUNTING. HER ROYALTY PER ALBUM IS $4. THAT'S THE HIGHEST YOU CAN GET IN THE MUSIC BIZ THESE DAYS SHARED BY BRUCE SPRINGSTEIN AND A FEW OTHERS, ET AL. #TRUTH!!

960 days ago
59.

Linda    

I thought she had an adopted son! What is with that did they have a falling out?

960 days ago
60.

Cari    

Hey Pissed Off, I'm with you. You can really tell some of these folks have shi*ty lives by the idiotic, mean-spirited, jealous ass comments they make. If they spent half the time worried about their own kids and the other half spreading some CHEER in the world they may be a lot happier. Bobbi K didn't choose Whitney nor Bobby Brown to be her parents and she should't be held accountable for what they did or didn't do right with their lives. Speaking of which, HOW MANY OF YOU HAD LED A PERFECT, MISTAKE-FREE LIFE? HOW MANY OF YOUR CHILDREN HAVE NEVER MADE A MISTAKE? HOW MANY OF YOU HAVEN'T HAD DRUGS/ALCOHOL TOUCH YOUR FAMILY? So what if she's had a problem or two. At the young age of 19 she has time to make amends for her mistakes and live a long (and now) prosperous life. What she does or doesn't do with the proceeds is HER BUSINESS. After losing the person closest to her in the world you would think that people would send well wishes and encouragement yet they spread hate. Which leaves me to ask in closing, WHAT ARE YOU REALLY MAD ABOUT? When you can honestly answer that question you'll be okay. Peace.

960 days ago
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