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Michael Jackson's Mom Fears Looting

6/29/2009 8:07 PM PDT BY TMZ STAFF

Michael JacksonThe lawyer for Michael Jackson's mother filed documents in court today, sounding the alarm that people up to no good will try and fleece Michael's estate. The court had apparently had enough concern to make Katherine the administrator of the estate pending a hearing next Monday.

Katherine's attorney, Burt Levitch, claims there are numerous bank accounts of Michael's that are being controlled by third parties. He says the bank accounts are used "to pay expenses of [Michael's] parents' home." Levitch says these bank accounts need to be controlled so third parties don't misspend the money.

Levitch also says there is worry about Michael's stake in the Sony-ATV Music Publishing Catalog -- which includes Beatles' works -- that Levitch says is the most important asset in the estate. Levitch says no one is now representing Michael's interests and he wants Katherine to step in her late son's shoes.

Levitch says at least one person is claiming to have a power of attorney to act on Michael's behalf. Although a power of attorney would have ended when Michael died, Levitch worries that not everyone knows that and assets could be misappropriated.

And the family is questioning whether a will really exists, because no one has informed them of that fact. We're told attorney John Branca, who was re-hired by Michael three weeks ago, is in possession of a will.

Katherine has the right under the order "to control tangible personal property currently in the physical possession of a third party, and to marshall and secure such assets."

430 COMMENTS

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1.

.:Loki 4Ever:.    

i'm still in shock that he is gone :( Ugh, I miss him so bad.... RIP Michael.... You are loved and always will be!

1837 days ago
2.

hottopics    

first, looting by whom is Dad.

1837 days ago
3.

sickofracialshit    

a third party misspend??!!! mom and pop Jackson are leaches!

1837 days ago
4.

MJ is ♥    

Nice to hear Mrs. Jackson adjusting the tone.

1837 days ago
5.

ilovetheshowmadmen    

wow, who's coaching Katherine? Bernie Madoff?????

1837 days ago
6.

bob    

Please TMZ enough is enough. He was just an entertainer, yes his death may sadden some, but come on not everyone is waiting with baited breath for the next announcement. Surely other things are going on. Jackson's death is getting the same media response as the twin towers coming down, I'm sorry his death is NOT at national tragedy, he was just a singer with some serious problems.

1837 days ago
7.

Hayley B    

Ww she moves fast for an old lady!

1837 days ago
8.

kel    

Poor Michael has supported his parents all through his career. Seems that is a big concern for them now, God forbid Joe Jackson pay the bills. ALL Michaels monies belonging total estate should be given to the kids and handled by a outside party. And Joe plugging his record company at a time like this was a disgrace. RIP Michael, the world will miss you.

1837 days ago
9.

Jstbtrflyz    

Okay, my problems weren't so much with Katharine. Until I read this. She needs control so that the COMPOUND she lives in is still paid for!?!?!?!?! With Michael's money?!?!?!?!?! Are you freeking kidding me!!! OMG, can they please get on with planning their son's funeral BEFORE they take whatever is left of his money after Creditors!?!?!?! I'm sickened.

1837 days ago
10.

Hayley B    

I was just watching CNN - even they seemed concerned she asked for custody AND to be executor.

1837 days ago
11.

TEAMBRANCA    

I AM PRETTY CERTAIN MICHAEL WOULD NOT HAVE WANTED HIS MOTHER
WHO IS CONTROLLED BY HIS FATHER IN CONTROL OF HIS AFFAIRS

HE LIKELY CHOSE JANET

THE PARENTS ARE RATS

JANET BE STRONG ...I KNOW YOU ARE GRIEVING ENORMOUSLY BUT PROTECT HIS LEGACY FROM YOUR DAD

1837 days ago
12.

shavedkitty    

I'm sure his handlers ( the nation of islam) are grabbing as much dough as they can and I would not be surprised to learn that someone has disposed of the will.I doubt that MJ wanted his children with his father but they sure don't need to go to DR-she has had no cantact with them.What a mess-I hope Katherine prevails-it's the best choice....

1837 days ago
13.

Kristy    

"people up to no good will try and fleece Michael's estate."????? First in line would be JOE JACKSON! Whatta scrounge. They made their poor boy's life miserable then in his adulthood he STILL couldn't excape him! He's been paying their miserable existence all these years?!?! It's about time Joe Jackson refresh his resume and get a job!

1837 days ago
14.

Cheryl Fox    

i pray to god that mj left a will. i also pray that mj's mom and dad don't get their greedy hands on anything. where are mj's brothers and sisters? why can't they take some responsibility instead of leaving it all for a 79 year old woman? how weird is this family?

1837 days ago
15.

Andrea    

5. Nice to hear Mrs. Jackson adjusting the tone.

I don't believe in that it is all about Joe or some of Michael's brothers (not the sisters) thing. They are using Katherine and she, as she has done all her life, is just not opening her mouth.

Oh, Michael I feel sorry for your kids, now that you are not here to protect them.

1837 days ago
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