Michael Jackson’s parents filed papers last week asking the Los Angeles probate court to give Katherine Jackson (but not Michael’s father) authority to manage the singer’s estate under the California Independent Administration of Estates Act. The Court has already appointed John Branca and John McClain as the estate’s executors – at least until an August 3rd hearing.
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Michael Jackson’s estate, as we’ve said before, will be a nightmare to probate. Might you be interested in getting a seat on the sidelines where you can see the gory events unfold instead of just reading what the media summarizes? The Los Angeles probate court handling Jackson’s estate is online. Here’s how to open the door so you can claim your seat. Hang on tight. Michael Jackson’s estate is likely to be a wild ride! Is there a will? Is there not? If so, who gets a cut? What did Jackson own when he died on June 25? How much is it worth? Is there enough cash to pay the federal estate taxes that will come due on March 25, 2010? Given the intensity of the Jackson family relationships in the past and the questions surrounding who the mothers of his children are, this particular estate will be anything but boring. And it will undoubtedly prove to be a source of long-term income for the attorneys, accountants and appraisers involved. |
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Copyright © 2010 Walter Bristow - All Rights Reserved
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