Exclusive | Paris Jackson Demands $600M From Dad Michael's Estate, Accuses Executor of Withholding Kids' Inheritance
Paris Jackson says the estate’s co-executors should be paid less after she accused them of missing accounting deadlines and overcompensating themselves.
- Paris Jackson is asking a Los Angeles judge to reduce co-executor John Branca's management fee from 15 percent to 10 percent of entertainment-related income generated by her father's estate.
- The Michael Jackson Family Trust, managed by Branca and John McClain, transformed the estate from $500 million in debt when Jackson died in 2009 to over $2 billion today through debt restructuring and asset sales.
- Paris also accuses Branca of repeatedly missing financial accounting deadlines, while family members express dissatisfaction with the current compensation structure tied to estate income generation.
- According to Hollywood insider Rob Shuter, Paris believes she inherited her father's business genius, suggesting this dispute centers on control rather than compensation alone.
- Michael Jackson's daughter has two siblings, Michael Joseph Jackson Jr. and Prince Michael Jackson II, nicknamed Bigi, navigating the estate alongside her fee-reduction petition.
12 Articles
12 Articles
Paris Jackson continues her fight around her father's legacy, Michael Jackson. According to information from Page Six, revealed this Monday, November 2, the 28-year-old woman is demanding the transfer of $600 million to the family fund for the children of the pop king.
Michael Jackson’s Daughter Seeks $600 Million From His Estate, Says Trust Remains Unfunded
Paris Jackson, the daughter of the late King of Pop Michael Jackson, petitioned a Los Angeles probate court to order a $600 million distribution from her father’s estate to the Michael Jackson Family Trust.
Paris Jackson files new documents in court and demands USD 600 million from her father’s estate; she alleges money has been withheld from being given to her and her siblings
Paris Jackson has filed a court case demanding USD 600 million from her father's estate over inheritance delays. She accuses the executors of blocking her and her siblings from receiving their rightful shares. Despite the estate generating substantial income, she claims the family trust remains unfunded. The estate representatives deny withholding payments and say over USD 200 million has been distributed.
The petition was filed on October 29 and maintains that, more than 17 years after the death of the singer, the children have not yet received the remedies in the terms established by their father
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
