Grandma Cissy Houston has taken her hand out of Bobbi Kristina Brown’s pocketbook. The mother of Whitney Houston had reportedly turned to the estate of her late daughter in order to restrict access to funds left to her granddaughter. However, it seems that Cissy has settled whatever issue prompted the legal challenge.
TMZ reports:
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 18-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 originally 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.
Translation: They sat Bobbi Kris down and gave her the, “Girl, don’t you let that god brother-fiance-whatever the hell he is to you take all your money. LEARN FROM YA MAMA, GIRL! LEARN!”
End scene.
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