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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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Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | 6 | 7
91.

Alyssa    

That money will go right up her nose and buy her lots of fake friends if someone doesn't put some sort of control on it.

616 days ago
92.

Alyssa    

Fix the gap...fix the bulbous Bobby Brown nose. She looks like her dad with a wig. Poor girl.

616 days ago
93.

Enough_iz_Enough    

My guess is that the challenge to Whitney's will was an attempt by the Houston's to keep the world from understanding that Whitney had no $20 million to leave anyone. The Houston's are trapped in a nasty situation. The family lived off Whitney for nearly 30-years. Whitney's legacy for the past 20-years is one of drug abuse, negative press, a horrid marriage, a neglected child, an abused (oh, yes!) and verbally abusive husband, and record sales that did not even cover her 2001 advance. Her last few releases were failures and made no money. Whitney's last concert tour was a disgraceful flop. A bio-pic could be a legal disaster-show Bobby in a negative light and get sued. If they show Whitney's long-time assistant, best friend, and roommate of 12-years(wink!) in a negative light they get sued. If they tell the truth about her relationships in the early years-them bible-thumpers will lose their minds! If they show Whitney as the neglectful parent she was-they shame her memory. If they show that Whitney's primary drug-partners were not only her husband but her brothers and other family members-they lose the sympathy they need to sell product. Gary can't sing worth a damn (better singers can be found in a baptist church on any Sunday.) Bobbi Kris did not inherit her Mother's good-looks or charisma-so any kind of career in entertainment is highly unlikely. Cissy seems to have been jealous of her own child. John Houston lived off his daughter and then did the unthinkable-took his dispute with her publically with a lawsuit. The Houstons are grasping at any thing that will keep them in the spotlight. The world cared about and loved Whitney-through it all-it seems that most people are now repulsed by the Houstons, especially Marion "Pat". It's over. Those negros need to find some real work. Their Whitney Houston gravy train has come to an end. I have to say it, as much as I do not like the guy...Bobby Brown is beginning to look like the most decent one in this situation.

612 days ago
94.

jaden    

For some apparent reason everytime I watch that show bobbi kristina hair looks a hot ass mess. She needs to hire shakannah ( tiny) hair stylist to hook her hair up because them wigs are worn out. Again she isnt a bad child once she is sober. IAnd whoever that boy is needs to bounce. he just using her for her money and I hope she finds someone that loves her for her and not for her money because I know whitney houston is turning over in her grave knowing what her so call son is doing and bobbi kris being so vulnerable to the fact that she is turning of her family..

602 days ago
95.

Bri    

How did Nick become the Lover to Bobbi Kristina ....million dollar question Incest.......

588 days ago
96.

Connecticut Sam    

I am sure the lawyers on both sides got a lot of money., and less money for Bobbi.

523 days ago
97.

jack e. jett    

i watched all the houston reality series. best train wreck ever. i found out about dysfunctions i never ever knew existed. They seriously go from brother and sister ..to a couple..back to brother and sister again and never blink an eye about it....not one family member is NOT effed up. i was sad for about a minute then laughed my ass off until it was over.
watch this. feel good about your life.

514 days ago
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