This is starting to turn into a money battle!!! The Jackson’s are starting to look real thirsty. They assumed Michael died broke, and didn’t challenge the will then, however since his death Michael Jackson estate is now worth over a billion dollars.
“It is my fear and belief that they are trying to take my mother’s life,” said Randy Jackson, capping a bizarre week of family in-fighting focused around 82-year-old Katherine Jackson.
“The Estate is trying to isolate my mother from her family JUST LIKE THEY DID TO MICHAEL, in order to propagate their lies, financial agendas and to protect a fraudulent will.”
he will gave 40% of the estate to Katherine, 40% to Jacko’s kids, and 20% to charity. Randy and four of his siblings are challenging its validity.
On Friday, a proposal was announced where grandma Jackson and her 34-year-old grandson, TJ, would share guardianship of Michael’s three children.
A California judge would need to sign off on the proposal next week.endnu
“The pleading will essentially now legally reflect how Mrs. Jackson and TJ have often shared responsibilities of raising the children since Michael Jackson’s tragic passing,” said a statement from attorney Perry Sanders.
“Mrs. Jackson is extremely pleased with the prospect of enjoying the pleasure of raising Michael’s children.”
The octogenarian Jackson “greatly appreciates the recent love and concern that people have shown for her and the kids,” Sanders said.
The joint-guardianship proposal was approved by Michael Jackson’s eldest child, 15-year-old Prince, according to Sanders.
Court-appointed guardian Margaret Lodise confirmed Prince’s feelings about the plan, one day after he exploded over the lack of contact with Katherine.