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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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61.

Kelly    

Nippy dead.

664 days ago
62.

imnotwithstupidanymore    

All of these comments about BK's looks are ridiculous!! Pat needs to back off and go away, she was with Whitney constantly, lied to everyone about Whitney's drug use, etc. I hope that BK's future is bright, that she does not go down the same path of drinking and drugs like her mother and father, and I hope she never fixes anything about her looks that have been so rudely pointed out in these comments. Leave this girls money alone, and quit messing with Whitney's wishes, grandma and Pat!!

664 days ago
63.

seamus     

This family is showing us why Whitney was so ghetto. Let this young lady live her life, stay out of court and off TV. The last thing this girl needs is a reality show.Her life is a disaster waiting to happen.The money is hers let her keep it and do what she wants. They couldn't save her mother, what makes them think it will be any different with BK.

664 days ago
64.

Jerry in Dallas    

$2 Million will be gone long before she even turns 21. Someone will give her credit before that. She will then have to wait 4 more years for another $4 million which is supposed to last until she turns 30 but it will be gone as soon as she hits 25 so that she can pay off creditors. The remaining $16 Million will be gone soon after that. She is no longer that petulant, fat little girl she once was but she wasn't raised to deprive herself of anything. She will be another Hollywood sob story in a short time. What a waste!

664 days ago
65.

virgosiempre    

Houston family has learned NOTHING. This girl is headed towards the same path as her parents. These families make me sick.

664 days ago
66.

Mugsy    

She needs to spend some of that money on getting her teeth fixed. You could drive a semi through that gap.

664 days ago
67.

hotandbothered    

If she's that rich why doesn't she buy a tooth???

664 days ago
68.

Lynn    

why does the grandma neck look weirdd am i the only one who see this!!?!?!?!

664 days ago
69.

Nosy and Concerned    

the music and overall entertainment industry is brutal...brutal to be in the public eye even now...if she can't handle her life without drugs and alcohol now without it she sure wont be able to handle her life in that industry...lived in LA for a while and saw how people are hot one day and tossed aside the next no matter who your parents are...she should just become a teacher, with that money she could afford to do so

664 days ago
70.

Sarah    

This girl has no real people who care about her and they only seem to care about her money. I thought Cissy was different to the rest but when I heard she was writing a book about Whitney's personal life I lost my respect for her. That so called finance aka brother is a creep and has a hold distrubing on her he is clearly using her as he knows shes rich now. I wouldnt be surprised if he 'accidently' got her pregnant so he will always have access to get child support just like Kevin did to Britney Spears. The best chance this girl has is if she just removes herself from everyone around her and does something useful in her life. If Whitney removed herself from those leeches I bet she would still be alive today and had a chance to take her recovery seriously.

664 days ago
71.

SUNIA3    

so so very soon when she is dead you will have done all you can. very sad.

664 days ago
72.

pattycake    

Poor Cissy.. she is such a nice woman.. elderly at this point... she should just give up...that kid is a POS and is disrespectful like her mother was. I hope Cissy can find some peace and this train wreck granddaughter leaves her alone. I hope the kid uses the money up and kills herself..who really cares?

664 days ago
73.

Pepper4366    

Looks like Sissy needs to have a conservator. I think we know what part of Whitney's problem was.

664 days ago
74.

Poule    

I was wondering, do you guys think Bobbi-Kristina comes on this website and read everything we write or she just does twitter with her fans ?
I don't think she does, for her mental health.
What's your opinion ?

664 days ago
75.

chefadam    

Damn, she Bobbie Brown ugly!

664 days ago
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