Whitney Houston‘s family wants to put the singer’s fortune on lockdown to stop Bobbi Kristina from blowing her inheritance … and to protect BK from financial leeches.
Cissy Houston and Pat Houston, Whitney’s mom and sister-in-law, filed a request this week to modify Whitney’s will. Specifically, they want to change the distribution schedule of the estate … estimated to be worth at least $20 million.
Sources close to the family tell TMZ … Cissy and Pat filed the documents because they think the current will gives BK “too much too soon” — and they don’t think she has any need for that kinda cash now.
We’re told the family also wants to “protect [Bobbi Kristina] from herself” … because she’s vulnerable. In the documents, they claim 19-year-old Bobbi “is a highly visible target for those who would exert undue influence over her inheritance.”
Bobbi Kristina, Whitney’s sole heir, is currently scheduled to get her inheritance in three chunks — 10% when she turns 21, just under 20% at age 25 … and the balance when she’s 30.
In their petition, Pat and Cissy don’t mention what specific changes they are seeking to the current payment schedule — but they say Whitney’s intent was “to provide long-tern financial security and protection” for her daughter.