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Bobbi Kristina's Grandma

FOLDS

In War Over $20 Mil Inheritance

10/28/2012 3:00 PM PDT BY TMZ STAFF
EXCLUSIVE

1026-bobbi-kristina-cissy-houston-tmz
Bobbi Kristina
's grandmother Cissy Houston has BACKED OFF her attempt to keep Whitney Houston's money from Bobbi Kristina for years -- we found out Cissy has settled her beef with BK.

TMZ broke the story ... Cissy and Pat Houston (co-executors of Whitney's estate) ... had filed legal papers hoping to drastically change the way Whitney's fortune would be paid out to 19-year-old Bobbi .. because they felt it was "too much, too soon."

As it stood, BK was to receive her money -- an estimated $20 million -- in 3 separate chunks ... 10% when she turns 21 ($2 mil), just under 20% at age 25 ($4 mil) and the remainder when she turns 30 ($16 mil).

Now, we've learned ... the case has been dismissed after Bobbi and Cissy reached an agreement ... and sources tell us Whitney's original plan for the payout was virtually unchanged.

Still, we're told both Bobbi and Cissy are satisfied with the plan ... and are happy to put the case behind them.

173 COMMENTS

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1.

Bitch please    

Please get that gap fixed. She has the same gap as her father. Why doesnt she fix it. She'll look much better.

690 days ago
2.

Phreaky    

BK promised her a percentage no doubt. BK will be gone in 5 years and grandma will get it all anyway.

690 days ago
3.

Me    

They didn't reach an agreement - Grandma FOLDED. You didn't learn anything the first time Granny? God Bless and Good Luck.

689 days ago
4.

myopinion    

I think Cissy has realized that there is nothing she can do regarding Bobbi's fortune!

689 days ago
5.

Diamond Goddess!    

Whitney's original payout schedule seems good to me. Typical good lawyer stuff.
It makes Cissy look sketchy to be messin' with it.
BK needs to get a PURPOSE in life, or she's skrewed, anyway!
Bad roll o' karmic dice to look like Bobby and not Whitney, BTW.
#sometimesUniversemakesnosense

689 days ago
6.

michael    

What the heck? Who ripped out that woman's throat!? It's like an important part of her is missing... besides her daughter! Creepy!!

689 days ago
7.

MoraMore    

no matter what, if Bobbi Kristina continues to have the habit she has now, she'll be broke by the age of 40 or even dead.

689 days ago
8.

John Galt    

Is that Bobby Brown in drag?

689 days ago
9.

datruth    

Nothing good can come from all this...your mom is Whitney Houston & you end up looking just like ur father who happens to be Bobby Brown....girl's just unlucky in life...sucks for her!

689 days ago
10.

MIZIT4    

When there is a serious concern and all people can talk about is someone's looks, makes that person look very bad and is not the type of person who would be a friend . If Bobbi wanted her gap closed, she has the money to do so. I am hopeful for more peace and goodness in her life, as should you..
If Cissy truly wanted to help Bobbi, she would not allow the news and concerns to hit the trash rags, and Pat, well the only thing that should concern her is that she is married into the family and her antics so far has made her look stupid. She invited and provided transportation for the ass that took Whitney's funeral picture and no doubt had planned to enjoy the funds from such.. She partied with Whitney and she knew about the drugs and drinking. I trust her about as far as Bobbi could throw her ass.
Since the police did not stand guard over the body which stayed in the room too long, we do not know what happened to Whitney. Instead of worrying about Chrissi and her money, they should be more concerned about what really happened to Whit. How many times would lawmen allow a body to stay in the crime scene with others, at the request of a possible suspect? Who would party with a body above them? Pat would sound more sincere if she had not thrown a pissy fit to accept Whit's award instead of Bobbi, and stop kissing the ass of a non family member who made thousands from a picture of a dead Whitney to line his own pockets.
No one seemed to try hard enough to help keep Whit clean. Of course you do not anger the body that sustains you and your pockets. ..

689 days ago
11.

Bob    

Finally that poor little girl will be able to afford getting that gap in her teeth fixed - and buy better drugs and alot more of it.

689 days ago
12.

Truth    

SOOO BOBBI KRIS AGREES TO LAY OFF THE BOOZE, DRUGS, AND DIVORCE THE BRUTHA BOYFRIEND??? SOUNDS ABOUT RIGHT... GRAMMA WON. #TRUTH!!

689 days ago
13.

Northerngirl41    

That chic is so fugly. She definitely didn't get her mother's looks poor thing. The dude is just using her for her inheritance and probably screwing some hot chic on the side. God I'm mean.

689 days ago
14.

Northerngirl41    

She needs to find a purpose or she's screwed. She isn't going to make it in music or Hollywood period. no one wants to look at that even though she is the spawn of a Diva like Whitney.

689 days ago
15.

Kevin    

What bothers me is that bitch Pat Houston. She was Whitney's supposed manager and with her ALL the time, but yet remember when she claimed to Oprah that Whitney wasn't back on drugs BEFORE the autopsy came back? Then it comes back that Whitney was not only on coke but that it was all over the bathroom. Now you KNOW Pat knew she was in trouble again and did nothing to stop it. And lo and behold now SHE is trying to get famous w/ a reality show. It's just sick.

689 days ago
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