Paul Walker’s Daughter Inherits $25 Million
Posted by Andru Edwards Categories: Movies, Obituaries,
Paul Walker's daughter is set to inherit his $25 million fortune.
The 40-year-old actor, who perished alongside his friend Roger Rodas on November 30, when the car they were travelling in lost control and crashed in Santa Clarita, California, named his 15-year-old child, Meadow Rain Walker, as the sole beneficiary of his entire estate in his will.
The Fast and the Furious star appointed his father Paul Sr. as the executor, who has filed the will with a probate court, according to gossip website TMZ.com. He has also petitioned to have the court appoint the late actor's mother, Cheryl Walker, as Meadow's legal guardian and the guardian of the teenager's $25 million fortune, as per his son's instructions in the will.
Meadow currently lives with her mother, Rebecca Soteros, but began living with her famous father full-time shortly before his tragic death. A court hearing is set to take place later this month.
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Cissy Houston Fears Bobbi Kristina Will Die Like Whitney
Posted by Andru Edwards Categories: Movies, Music, Child Stars, Drugs, Rumors,
Cissy Houston is afraid her granddaughter Bobbi Kristina Brown will die in a "haze of drugs and other bad influences" like her mother Whitney Houston if she receives her multi-million dollar inheritance now. The 79-year-old grandmother is reportedly concerned the 19-year-old aspiring actress will be corrupted by the "negative influences" in her life if she gets her hands on the reputed $20 million estate Whitney - who died in February from the effects of heart disease and cocaine use - bequeathed to her.
According to TMZ.com, Cissy is particularly worried her father Bobby Brown and boyfriend Nick Gordon will "drain Bobbi's fortune given half the chance" and she thinks it would be better to withhold the money until she has significantly matured. Bobbi Kristina was named as the sole beneficiary in Whitney's will, which adds to Cissy's concerns that people will want to get their hands on the estate.
During her lifetime, Whitney - who tragically died at the age of just 48 - battled addictions to crack and cocaine and wasted several years of her career because of her drug use. Bobbi Kristina's father Bobby has also had major problems with substance abuse and his marriage to Whitney was tempestuous up until their divorce in April 2007.
Whitney Houston’s Daughter Inherits Everything
Posted by Andru Edwards Categories: Music, Obituaries,
Whitney Houston has left everything in her will to her daughter, Bobbi Kristina.
The legendary singer - who was found lifeless in a bathtub in her Beverly Hilton Hotel suite on February 11 - has willed her entire estate, including all of her money, cars, furniture and other personal effects, to her 19-year-old daughter.
According to a 19-page court document obtained by Inside Edition, the will was first set up in 1993, but later amended in 2000 - when she was still married to Bobby Brown - and while the singer is mentioned in the will, he will receive nothing.
The money will be placed in a trust until Bobbi Kristina turns 21 in 2014, when she will receive a chunk of her inheritance. A further portion will then be obtained on her 25th birthday, with the final segment delivered when she hits the age of 30.
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