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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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16.

michelle    

Michael Jackson, to quote a lyric from one of your songs...I want you to know, “You are not alone.” Not anymore. I believe you are now, the angel in heaven you sought so hard to be here on earth. You were so misunderstood, vilified, and beat upon. There was so much mockery and hatred of you, for only one reason. You’re goodness; your luminosity into the beautiful heart you believed could be in every man. You had such generosity, and tried so hard to teach others, to look into the soul; and to not judge based on color, creed or class.
But darkness, doesn’t like beauty to shine. It detracts so much from what it is trying to do. Create dark humanless souls of us all. To replace the radiance that was born within all of us, by God. You spoke of nothing, but love and peace. Your light through your words, and music shone so bright. You’ve brought so much too so many, but only sought pure love for yourself. Your sensitivity brought ridicule. When all you wished most of all was to be embraced and understood. You had such a creative, gentle, kind spirit.
I think what personally stood out to me most of all; was your tender nature. Envy in other people mistook that for weakness, when in reality it is strength. The force of who you were was so strong. Many people wish to have that, but could never achieve it. So they became jealous and spiteful towards your achievements.
We are all afforded different opportunities in life. Instead of being envious, they should have rejoiced with you, in your success and in your life.

1904 days ago
17.

Akbar    

Michael Jackson was a Freak that liked little PETERS..Bury the TRASHin the city Dump!!!!

1904 days ago
18.

Cali MJ Fan    

I am still doing a happy dance Joe does not get anything. I have a feeling that Katherine is not going to share much with Joe. That dude should go back to Vegas and stay there!

Hmmm, funny that Jerry Brown is getting in on the charity end of it since it was just announced that CA is broke and paying some debts with IOUs. Does he think that maybe the Michael Jackson Family Trust will consider the state of California (who were really CRAPPY to MJ) a charity????

BTW, when Katherine passes away (which I hope is many many many years from now)-- her 40% reverts to MJ's children. Wow. WTG John Branca! You did a great job in protecting MJ. Let's hope you both are assigned executors of the estate on Monday (or was that hearing too rescheduled to July 13th?)

Anyone else think it's eery that the new hearin gis the same day This Is It was to start in London?

1904 days ago
19.

Akbar    

think about this ...this is one problem he has that he can;t buy his way out of ......lol

1904 days ago
20.

just me    

13% of his income is still quite a bit for each kid and the 40% that went to his mother is probablly to help for the care of his children since she was listed as their guardian. as for the 20% for charities.. this is what Michael devoted himself to and what he was about.. helping children! He didn't molest anyone. He was aquitted of all charges. I'm sorry if he really did it then the parents NEVER would have settled with him they would have gone after him till he were to rot in jail so let it go people, HE DIDN'T DO IT! God you people are stupid.

1904 days ago
21.

Ja Ja Vegas    

Please put the man/boy to rest
Like I have said before and to quote Liza M
"all hell is gonna break loose"
Show the person some respect Jacksons and please allow him some dignity now.
Joe=You have done enough self promotion. Please shut up! NOW!

1904 days ago
22.

ileandromp    

how much money will be clear tho?
how much does everyone get?>

1904 days ago
23.

ANABEL GARICIA-VALLE    

IM SO GLAD JOE IS NOT GETTING NOTHING!!!!!!!!!
HIS MOM IS GETTING 40% GOOD FOR MICHAEL FOR THINKING OF HIS MOM AND KIDS,
GOOD BLESS YOU

1904 days ago
24.

Nimrod    

Joe should get the kids' 40 %He is blood but those kids aren't blood. Debbie should get her white kids and hopefully they won't get a dime too.

1904 days ago
25.

Reea    

R.I.P. Michael Jackson Romania cry for you

1904 days ago
26.

sickofKate    

His idiot mother who should have enough of her own damn money at this point in her life gets 40% and his 3 kids have to split 40%??? How ridiculous!!!

1904 days ago
27.

ANABEL GARICIA-VALLE    

WAY TO GO MICHAEL!!!!!!!!!!!!!!!!!!
I HOPE YOUR MOM WILL NOT GIVE ANYTHING TO JOE

1904 days ago
28.

Nimrod    

What about his black nieces and nephews? They should be first in life before his "bought" white children.

1904 days ago
29.

Akbar    

Hey the man was an Idiot and he was also Gay......He's not going to think but so smart......That should explain it all..Plus look at the stupid Family he came from.....

1904 days ago
30.

Cory (yes Feldman)    

katherine's 40% go to the kids when she dies
michael didn't give his brothers or sisters anything either

1904 days ago
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