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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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76.

Sandra     

Bobbi Kristina like her parents is a train wreck!! Granny will get the money back as she will out live Bobbi!!

722 days ago
77.

Adrien303    

I saw their new show and BK is doomed. Her boyfriend is just like her dad. He uses Bk for her money and crib. He encourages bad decisions and allows her to get high and drunk. Show is a train wreck. She doesn't need the money because her boyfriend will take it in their divorce settlement. He will wait until she's 30 and bleed her dry just like Bobby bled Whitney dry. Bobby brown probably wouldn't have been living in A house let alone a mansion from '94-divorce year if it wasn't for Whitney.

721 days ago
78.

tellmeaboutit     

BK's biggest problem is she seems to think she's going to walk right in and fill her mother's shoes. Someone should have set her down and made her watch her mother on that mess of a reality show Bobby Brown had. Whitney made a fool of herself, and everyone could see how far she had sunk in her life and career. A reality show is the last thing BK needs. She's not going to replace Whitney; no one can. She needs to grow up and arrange her life; not run from it.

721 days ago
79.

DVR Slave    

This family is a mess & so is their TV show...watching it should be illegal! I watched it so I could review it on the site & that's an hour I'll never get back. Here's my review: http://goo.gl/HVtk5

721 days ago
80.

Amy    

Now get that tooth gap fixed!

721 days ago
81.

Yup    

Typical 2nd generation hollywood child; completely talentless, spoiled to the extreme, no idea about the value of money, basically a stupid spoiled rugrat who never grew up. And, this one has an idiotic gap toothed grin. I say give this talentless moron all the money at once; she'll drink & drug herself to death...

721 days ago
82.

Poule    

Guys I want to watch the show but it does not air where I live, what do you suggest ?
I wanna watch the mess, the teaser is so sick, can't wait.

By the way "she makes this reality show, so she gets famous and then start her singing career"
Hahaha I mean, do you still believe such plans at 19?
The truth is :
"baby, help us make some money on your back, then
we'll see about the singing"
If you have a voice, count on it to make you famous, don't make no porn movie before.
You are already famous BK !!

I wanna watch that crap :p

721 days ago
83.

STFUP    

Cissy was smart to settle (i.e. Give in). She knew she had no case. Bobbi has NO do***ented history of any problems with drugs, cars, etc. etc. So there was no basis for, basically, witholding part of her inheritance under the guise of 'protecting' her.

721 days ago
84.

Poule    

Why do they make the brother ask for some girl's number, what is the purpose ? Just to add some drama I guess, or is it a preview of BK's next years?

721 days ago
85.

lanasinclair    

I hope this BK does the right thing by having so much money in her possession and i pray that she will be around in the next 10 yrs to enjoy because she's wild now and with 20 million somebody please find a spot for her in rehab..

721 days ago
86.

STFUP    

She needs to go spend some of that inheritance at the orthodontist's office, NOW!

721 days ago
87.

fstblk    

She'll be dead or broke before she gets 30.The boyfriend will be gone long before that.However, hoping the gap in her teeth will be fixed yesterday.

721 days ago
88.

Allyce    

She had no control over her daughter so why does everyone expect Cissy to have an iron hand when it comes to Kristina. She's Brown and will be a clown. I rhymed...

721 days ago
89.

Sapphiegirl    

HOW MUCH DID BK HAVE TO PAY CISSY AND PAT TO BACK OFF?

721 days ago
90.

MaLi    

She will be filing for bankruptcy in a couple years...LoL

720 days ago
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