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You are here: Home / Entertainment News / Trustees of Whitney Houston Estate Go to Court

Trustees of Whitney Houston Estate Go to Court

October 2, 2012 by tamaratattles 4 Comments

Cissy Houston, along with the other trustees of Whitney Houston’s estate, have filed a petition in Fulton County court to restructure payments of Bobbi Kristina “Krissi” Brown’s inheritance. Krissi’s behavior has been somewhat erratic since the death of her mother, Whitney last February. The petition states that “(Krissi) is a highly visible target for those who would exert undue influence over her inheritance and/or seek to benefit from respondent’s resources and celebrity.” In other words, they are worried about the influence Nick Gordon has over the 19-year-old and are using legal means to protect her assets.  The basis of the request is that the plaintiffs feel that the current distribution schedule will result in a conflict with the will’s “intent to provide long-term financial security and protection for her child.”  And that “Compliance with the provisions of the trust would defeat or substantially impair the accomplishment of the purposes of the trust, which were to provide for the proper maintenance and comfort of the respondent, and to prevent the wasting of trust assets, as evidence by the trust’s spendthrift provision.”  In other words, they want to keep any substantial payments from occurring until Bobbi gets her head on straight and is out of from under the influence of her play brother/boyfriend Nick. the intention of the petition is not to cut off payments but to delay any substantially large payment beyond the current payment schedule.

Let’s hope the courts agree to do this. I fear this situation could go terribly wrong is someone does not step in and start providing Krissi with some direction.

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About tamaratattles

Come for the tea. Stay for the shade. Not for the easily offended. You're a special snowflake just like everyone else.

Comments

  1. CityGirl81 says

    October 2, 2012 at 3:13 pm

    I really want Bobbi Kris to be alright. Growing up in such a crazy environment I really don’t want her to die young. I know Cissy is doing all she can to prevent burying her granddaughter as well.

    Reply
  2. baytothea says

    October 2, 2012 at 4:05 pm

    Tamara, I don’t think i’ve seen any numbers on how much BK stands to inherit or what her allowance is. Any real estimate as to what it’ll be? super curious based on reports of Whit’s financial issues. I guess Nick bought the Camaro with Whitney’s money? I thought I saw him driving around Alpharetta once.

    Reply
  3. tamaratattles says

    October 2, 2012 at 4:13 pm

    Well you won’t see Nick in the Camaro anymore. He totalled it. And I don’t think Whitney really had that much in Hollywood terms. In fact, there were rumors that it was a debt not an inheritance at one point. But whatever it is, it’s enough to be problematic in her current state. I realize she is 19 but she is not mature enough to handle money. Whitney should have left her a financial overseer, and maybe she did?

    Reply
    • likesphotoshop says

      October 2, 2012 at 4:59 pm

      I hear Whitney’s sister in law, yeah the one who insisted going on stage with Bobbi Kristina, I hear she is trying to get her hand in the cookie jar. Wtf is it with SIL’s?

      Reply

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