After the death of Whitney Houston in 2012, Bobbi Kristina Brown became the sole heir to Houston’s estate. But she didn’t receive a lump sum of money.
According to The Wrap, attorney Bruce H. Gaynes of Kitchens Kelley Gaynes P.C., saw Houston’s will and explained how the money would be distributed to Brown. Gaynes stated that Houston didn’t want Brown to receive a lump sum, and that the estate was placed in a trust that allowed Brown to receive a payment on a yearly basis. When Brown turned 21, she received a 10 percent payment; she was gong to receive a 30 percent payment at the age of 25 and the remainder at age 30. Unfortunately, now that Brown has died, Houston’s estate is up for grabs, with Billboard estimating its worth at about $20 million at the time of her death.
Since Brown died childless and unmarried before the age of 30, according to Houston’s will, the remainder of the estate will be divided among Houston’s other family members, including her mother, Cissy Houston, and her two brothers, Michael and Gary, The Wrap reports.
“If Bobbi Kristina were to die unmarried, without children of her own and had left no will and testament of her own, the estate would be divided among Whitney’s living relatives,” Gaynes told The Wrap.
Controversy surrounded Brown’s relationship with Nick Gordon when the two declared last year that they were married. But after Brown was found unconscious in her Atlanta bathtub, it was revealed that Brown and Gordon were never officially married. There haven’t been any reports regarding whether Brown had her own will, but if one does exist, it could change everything.