Sources close to Cissy reportedly say that Cissy feels Bobbi is currently surrounded by numerous negative influences -- including her boyfriend Nick Gordon and father Bobby Brown -- who will drain Bobbi's fortune given half the chance.
We're told Cissy also feels 19-year-old Bobbi is still extremely impressionable right now -- and if left unchecked with millions of dollars, Bobbi could end up going off the rails ... eventually dying just like Whitney.
According to sources, Cissy wants to wait until Bobbi has matured significantly more before she gets her money ... an estate estimated at $20 million ... though it's unclear how long she wants her to wait.
As for allegations Cissy is trying to withhold Bobbi's fortune to hoard the money for herself -- Cissy is telling friends that's total BS ... that's it's about protecting her family.
As we reported, Cissy and Whitney's sister-in-law Pat Houston filed a request this week to modify Whitney's will -- in order to change the distribution schedule of the estate.
I agree with Cissy. I think that the fact that she started a relationship with a boy she grew up with as her "brother", clearly suggest that she was needy in the time after her mother passed away.
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