Wednesday, July 1, 2009

We’ve got the latest on what’s happening with Michael Jackson’s estate and other updates:

Michael’s will from 2002 was officially filed today.

He expressly left his 3 children to his mother Katherine for her to be their guardian. If she couldn’t for any reason, he named Diana Ross as the alternate guardian.
A petition filed with the will states that Michael’s estate is worth $500,000,000. Mostly non-cash assets including the Beatles catalog and other interests. He expressly said his cash should go to provide for his children.

In his will, Michael left his estate to the Michael Jackson Family Trust. The beneficiaries are his children and his mother. Joe was not named.

Michael expressly left Debbie Rowe out of the will saying “I have intentionally omitted to provide for my former wife, Deborah Rowe Jackson.”

There is a hearing going on for the will today.

The alleged crazy lady Nona who claimed she was Michael’s wife and is the mother of Michael Jackson’s kids a while back has come back on the scene. She filed a 93 page document to the court explaining how and why she is the mother and his ex-wife and why she deserves his estate.

The viewing of the body is still set for this Friday at Neverland Ranch. But no plans for a burial have been made yet. It will supposedly happen at the Forest Lawn Memorial Park and Mortuaries in the Hollywood Hills.

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