Friday, 9 March 2012

Whitney’s sister-in-law named executor of her will

Pat and whitney
When pop icon Whitney Houston passed away tragically on Feb. 11, insiders wondered aloud what would become of Whitney’s freeloading entourage. More specifically, they wondered whether Whitney’s brother Gary Houston and his wife Pat would be forced to get jobs to support themselves.
That question was answered yesterday when a judge named Whitney’s sister-in-law, Pat, as executor of her will. (Normally, an attorney is named as executor). That means Pat, who is only related to Whitney by name, will continue to reap the financial benefits of Whitney’s fortune. And, by extension, Gary will make out quite nicely since he’s married to Pat.
According to source,Whitney’s only surviving child, Bobbi Kristina Brown, 19, will get the bulk of Whitney’s estate, including all of her furniture, clothing, shoes, jewelry, cars, etc.
But Whitney’s cash from sales of real estate, royalties, etc., will be placed into a trust to be administered by Pat, who gets to decide how much cash Bobbi K. can withdraw from the trust for specific reasons, such as having a baby, buying a house or starting a business.
Bobbi Kristina will gain full control of the trust when she turns 30. Until then, Pat Houston owns her.

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