13:33 31 October 2012
Less than a month after Whitney Houston’s family filed a petition in an effort to modify Bobbi Kristina’s $20million inheritance payments, the Huffington Post reports that the case has been settled.
Cissy Houston and Pat Houston, Whitney’s mother and sister-in-law, originally wanted the payment plans to be revised, according to reports.
They apparently cited that Bobbie "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”, as quoted by Female First.
TMZ.net confirmed that Kristina and her grandmother Cissy Houston have decided to leave the teenager’s $20million payment plans unadjusted. Based on the agreement, Bobbi will receive 10per cent when she turns 21, 20per cent when she turns 25, and she’ll get the rest when she’s 30 years old.
Whitney Houston died in February this year after she drowned in the bathtub of her Los Angeles hotel.
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