The recent death of Whitney Houston was immediately followed by both soaring record sales and reports of trouble brewing surrounding her estate. Houston was found dead in a Beverly Hills hotel room from unknown causes. While many mourned her death and rushed to buy her songs, Houston’s family was already having trouble with Houston’s ex-husband Bobby Brown, according to reports.
Houston’s mother was reportedly not happy about inviting Brown to the funeral but did so anyway. While Brown did show, he didn’t last long. Houston and Brown had an often tumultuous relationship, that produced Houston’s only child, 18 year old Bobbi Kristina. Reports indicate that Houston’s family was concerned that Brown would use the funeral as an opportunity to get close to Bobbi Kristina in hopes of gaining access to Houston’s fortune.
It appears as though Houston did leave behind a Last Will and Testament; however, that may not be enough to settle the matter of who controls her fortune. Bobbi Kristina is old enough to inherit directly — and likely will inherit the bulk of Houston’s estate. Bobbi, however, is reportedly battling certain addictions just as her mother Whitney did for over a decade prior to her death. If Bobbi Kristina is found to be unable to manage her inheritance, then someone — such as Bobby Brown — could petition for conservatorship and thereby gain control of her finances. If Houston’s estate was more carefully planned and included a comprehensive trust through which a young or troubled beneficiary such as her daugher could have been protected, the opportunity to step in and gain control over Bobbi’s inheritance may not be an option. Yet another reminder of how important thorough estate planning is for all of us.
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