Let’s clear up a few things about Whitney Houston.

<p> </p><p> First of all, she left a last will and testament. It was drawn up after her divorce from Bobby Brown, according to my sources. Daughter Bobbi Kristina is her likely main heir. Despite dire reports, Houston also was not bankrupt or broke. Even though she didn’t have a publishing legacy–others wrote her songs–she did have money from album sales and touring. She likely had advances, too, from various deals with Sony (formerly Sony BMG) dating from 2000. She made a lot of money–at least $35 million gross–from touring Europe and Asia in 2010. Sony is shipping and selling millions of her records right now. And while there may not be a lot in the vaults of unreleased material, there will be enough to do some kind of souvenir album. Her estate in Mendham, New Jersey has been on the market for three years. Yesterday, the price was dropped to $1.7 million. “The property is amazing,” says a friend. “Someone will buy it and remodel it.”  The gated home comes with an Olympic sized swimming pool that at one time bore a large “W” scripted on its bottom. Mostly, Houston had been dividing her time between Atlanta and Los Angeles. Some other things to note: Houston was not scheduled to sing at the Clive Davis party on Saturday. She was merely there as a guest and cheerleader. As I reported on Saturday night– on Thursday she spent the morning and early afternoon with musical director Ricky Minor and Monica and Brandy. Minor reported that she’d been swimming and was in a good mood. Press saw her on Thursday with Davis and the singers. I was staying in the very same Beverly Hilton Hotel. The sense that Whitney was wildly partying all over the place has been conveyed by the tabloids. It’s just not true. What she did at night outside the hotel is another story. And then there was the exclusive story we reported here about the leak on Friday night from her room into the one below. The man in the suite below her saw water cascade through his bathroom ceiling at 2:30am. When he went upstairs, he found that the bathtub had been left on and was overflowing. Bobbi Kristina, 18, was not taking a bath at that hour. But she was awake, and the television in the room with the overflowing bathtub was cracked.</p>

Let’s clear up a few things about Whitney Houston.

   First of all, she left a last will and testament. It was drawn up after her divorce from Bobby Brown, according to my sources. Daughter B...

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