With the death of singer and actress Whitney Houston last week, sales of anything related to the performer immediately began to soar. Unfortunately, as is often the case when a substantial estate is involved, signs of trouble surrounding Houston’s fortune began shortly after her death as well.
Once considered unstoppable in her professional career, Houston’s personal life seemed plagued with troubles from the time her professional career began to skyrocket. Houston’s tumultuous relationship with singer Bobby Brown finally ended in divorce in 2007; however, that may not be the end of the battle between Houston and Brown. The couple had only one child — 18 year old Bobbi Kristina — who stands to inherit most, if not all, of Houston’s estate. While Bobbi Kristina is old enough to inherit from Houston’s estate directly, we may see a battle over who will be appointed as Bobbi’s conservator, and have control over her inheritance.
Reports are that Houston’s family was reluctant to invite Brown to the funeral based on fears that he would make an attempt to get close to Bobbi Kristina as a way to eventually control any inheritance left to her by her mother. It is believed that Houston did leave behind a Last Will and Testament; however, that alone may not be sufficient in the absence of a trust to determine who will ultimately control the assets left to Bobbi Kristina.
- What to do if Your Will is Outdated - December 1, 2021
- Important Questions Related to Incapacity Planning - October 8, 2021
- Here’s What an Estate Planning Attorney Can Do For You - October 5, 2021