Michael Jackson's 7-year-old will was filed Wednesday in a Los Angeles court, giving his entire estate to a family trust and cutting out his former wife Debbie Rowe.
The will, dated July 7, 2002, estimated his estate at that time at more than $500 million.
It names his mother, Katherine Jackson, as a beneficiary of the trust and the guardian of Jackson's children, who are named in the will.
It also names entertainer Diana Ross as a successor guardian for the children and
The will, dated July 7, 2002, estimated his estate at that time at more than $500 million.
It names his mother, Katherine Jackson, as a beneficiary of the trust and the guardian of Jackson's children, who are named in the will.
It also names entertainer Diana Ross as a successor guardian for the children and
One of Jackson's most lucrative assets is his stake in the massive Sony-ATV Music Publishing Catalog, which includes music by the Beatles, Bob Dylan, Neil Diamond, Lady Gaga and the Jonas Brothers, and is estimated to be worth as much as $2 billion.
Jackson's longtime lawyer John Branca and John McClain, a music executive and a family friend, are named in the will as co-executors.
No comments:
Post a Comment