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Michael Jackson -- Who Gets What

Posted Jul 2nd 2009 6:35PM by TMZ Staff

We've learned who's getting what in Michael Jackson's trust. Here's how it breaks down.

Katherine Jackson will get 40% of the assets.
Michael's 3 kids will get another 40%.
And the remaining 20% goes to several children's charities. We're told the charities have not been designated yet and are not specified in the trust.

We've also learned the California Attorney General is filing legal papers right now in the probate case -- the docs relate to the charitable gifts. The A.G. regulates charities in California.

A lawyer for the A.G.'s office will be in court at the next hearing.

Tags: michael jackson, michael jacksons trust, MichaelJackson, MichaelJacksonsTrust, will

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Reader Comments

(Page 1 of 14) | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

1. we already know it

Posted at 6:46PM on Jul 2nd 2009 by natalia

2. and Joe doesn't get sqaut

Posted at 6:45PM on Jul 2nd 2009 by Doooojjjjjaaaaaa

3. FIRST! Hope Joe can't get his hands on it through Katherine

Posted at 6:46PM on Jul 2nd 2009 by princess

4. sweet

Posted at 6:46PM on Jul 2nd 2009 by Sharron Reynolds

5.
Assets? You mean debt don't you?

http://www.swindledforjesus.com

Posted at 6:46PM on Jul 2nd 2009 by Dean

6. oh goodness, enough already. and to all those sad f-----s out there who scramble to comment 'first' but alas, never are first; you're SAD and need to get a life you pitiful over achievers

Posted at 9:00PM on Jul 2nd 2009 by lulu_p

7. Katherine SO deserves this. The kids are set for life. Good for you, MJ.

Posted at 6:47PM on Jul 2nd 2009 by SMS

8. Evidence TMZ! How about some EVIDENCE?

Who said this?

Where are the papers?

Where is the PROOF?

You guys have gotten a number of things WRONG for JUMPING THE GUN on RUMORS.

EVIDENCE TMZ, EVIDENCE.

Posted at 6:47PM on Jul 2nd 2009 by EVIDENCE

9. Jermaine is smart staying close to mama. One day it will be his.

Posted at 6:49PM on Jul 2nd 2009 by Jeff

10. I am horrified that he left only 40% for the kids. Now that horrible old man will get the rest after Katherine dies

Posted at 6:48PM on Jul 2nd 2009 by jaquey

11. R.I.P Michael Jackson.

Posted at 1:30PM on Jul 4th 2009 by Mepth

12. GOOD HIS MOM AND KIDS SHOULD GET IT AND HE DID A REALLY GOOD THING BY GIVING THE REST TO CHARITIES

Posted at 7:02PM on Jul 2nd 2009 by VIRGINIA

13. www.100ncarolwooddr.com pictures of Michael Jacksons last home

Posted at 6:53PM on Jul 2nd 2009 by sergio

14. Michael we will always love you.