Co-executors of Whitney's estate, mother Cissy and sister Pat Houston, were initially afraid that the money was "too much and too soon" for 19-year-old.
The money will be given to Bobbi in three portions. The young reality TV star will receive the first USD 2 million when she celebrates her 21st birthday, will get another USD 4 million when she turns 25, and will be able to claim the rest when she turns 30.
Cissy and Pat, who disprove of Bobbi's engagement with Houston's adopted son, had filed legal papers to change how the payout would be handled, but later canceled their adjustment plan after they reached an agreement with Bobbi.
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