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Michael Jackson -- Who Gets What

7/2/2009 7:35 PM PDT BY TMZ STAFF

Michael JacksonWe'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.

170 COMMENTS

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166.

Keven Carson    

40 x 40?? Plus 20? Nothing was left to Joe! Actually, "NOTHING" was left to ANY of the JACKSON FAMILY?? OUTSIDE of MOM!?!? Who will most likely leave "EVERYTHING" to the Kids? SO THE JACKSON 5, And family will most likely "LOOSE EVERYTHING within the next eight years to a couple of white children.? Once Prince Michael turns 18, HE GETS IT ALL,, Think about that???

1872 days ago
167.

Keven Carson    

I am A 39yr old white male. And I am offended by anyone that would call Michael Jackson A raciest! Although I was not one of his biggest fans, I could not doubt his true talent, or his real belief in HUMAN BIENGS, regardless of color.
NO MATTER IF YOUR BLACK OR WHITE? M.J. showed a clear preference to the "LIGHTER SKIN",, Did he not? But, How does any of that Say he didn't care about EVERYONE? I have loved a woman of "DARKER SKIN" Yes, I have been with A black woman. We had a very close romance. And "Nether OF US HAD ANY REGRETES!

1872 days ago
168.

tishMJfan    

This is good for Katherine and the kids...Michael worked hard his entire life....They are entitled to his earnings....

1543 days ago
169.

nrharris    

Oh well. People are excited about him not leaving his dad anything, but HELLO people!! As long as Katherine gets $$$, Joe will have access. He should've left the 40% to Janet to distribute to his mother.

1542 days ago
170.

zaiger    

He should have set up a trust for all of his sexual victims, that would have been the right thing to do.

1436 days ago
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