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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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46.

Mel    

Looks like 12 yr olds are working again today at TMZ, can't add or make proper sentences....

624 days ago
47.

Sir Boo    

I never even knew there was a daughter until Whitney died.

624 days ago
48.

cass    

Please define "Virtually"



NOTHING should have been changed and cissy needs to keep her greedy fk'n paws out of BK's inheritance.

624 days ago
49.

KimH    

I wonder how much Bobi paid Grandma to back off?

624 days ago
50.

Jody    

Ok, if Whitney had $20 million, why was she borrowing money from her mentor for daily living expenses?

624 days ago
51.

Pat    

Cissy should not believe anything BK tells her. BK's bro/fiancee' is behind whatever lies that BK is feeding to Cissy.

624 days ago
52.

rrronin    

An education and some direction would be helpful, maybe a lifesaver. She's already heading in the wrong direction...and she needs to get those teeth fixed...ugh!!!

624 days ago
53.

International Pedophile Awareness Day June 25    

International Pedophile Awareness Day June 25


✫✫✫✫ iPad Prayer✫✫✫✫


-Oh Heavenly Father,


As We Gather On This Happy Sabbath Day
We Thank Thee, For Removing A
Sick Pedophile From This Earth


We Thank Thee, Oh Lord That The Children Of
The World Are Now Safe From The
Evil Pedophile Known As Michael Jackson


We Thank Thee, Oh Lord For Delivering
This Tortured Soul Unto The Gates Of
Hell, That He May Dwell Therein For All
Eternity, For All The Innocent Souls Of
The Children That Were Abused By This
Evil Serpent


We Pray & Ask Thee, Oh Heavenly Father
That On This Day, The Children That Were
Victims Of Abuse, Be Blessed, That They
Can Forgive & Forget The Horrible Acts
Committed Unto Them By Michael Jackson


We Ask Thee, Oh Heavenly Father, That The
Rabid Fans, Repent For Their Sins Of Supporting
Such A Evil Pedophile, That Their Eyes Be Opened
To The Truth & Receive knowledge Of The Good
And Repent The Bad


"Father, Forgive Them, For They Know Not What They Do"


And We Say This In The Name Of The Son, The Father & The Holy Ghost


~ Amen~

624 days ago
54.

Yup    

WHO. THE. F*CK. CARES. Seriously. She's a completely untalented little girl who apparently can't think for herself; she's a nobody & doesn't deserve our attention. Her mother was a talented someone; she's the exact opposite. Enough of her; let's move on to someone who actually has some talent...

624 days ago
55.

Kahuna    

Is Bobbi Kristina really the "love child" between Wanda Sykes and Bobby Brown?

624 days ago
56.

Josh    

change that picture of Grandma, look creepy, and Harvey Levin is gay (no good gay, sucking gay)

624 days ago
57.

Lee    

Bobbie Kristina: Dead in 5, 4, 3, 2, 1 year... Overdose.
Sorry, but true.

624 days ago
58.

Jojo    

I thought Whitney was broke so where did all of this money come from?

624 days ago
59.

Acorr234    

Omg...I find it comical that you guys keep moving this story further and further up to the top of all the stories? Who cares, man. She's gonna piss away the money regardless.

624 days ago
60.

DJ    

How much will BK give to Charity ( drug abuse programs) ?

a. zero
b. none
c. get real

624 days ago
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