Cissy Houston, mother of the late Whitney Houston and grandmother of Bobbi Kristina has finally backed off. She is no longer trying to hold back Whitney Houston’s money from Bobbi Kristina.TMZ reports thatÂ Cissy has settled her beef with Bobbi Kristina.Â Cissy and Pat Houston who are the co-executors of Whitney’s estate earlier had filed legal papers to change the way Whitney’s fortune would be paid out to Whitney’s 18-year-old daughter Bobbi Kristina. They felt as if she was taking on ‘too much, too soon.’
Bobbi Kristina was set to get an estimated $20 million in threeÂ separateÂ payments. She would receive 10% when she turns 21 ($2 mil), just under 20% at age 25 ($4 mil) and the remainder when she turns 30 ($16 mil).Â The case has been dismissed due to an agreement between Bobbi and Cissy. Â The original play of Whitney’s payout of three payments was unchanged. Both parties are happy with the outcome.