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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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76.

Nimrod    

I love MJ but his will was stupid. How could he give 40% of his money to white kds that aren't his. I hope Joe contests this will and get his rightfull 40% share from those kids. Debbie should take care of them with her own money...they don't belong in a black family. His money should have gone to black kids across America; those are his real kids. When these white kids grow up they will change their name, will call MJ a child molester and the N word. I bet you when they grow up they will be ashamed of being called a black man's kids; they will hate MJ.

1850 days ago
77.

tellitlikeitis    

Katherine? Don't make me laugh....Katherine does what Devil Joe wants.....Devil Joe gets 40% to rejumpstart his and the remaing Jackson 5s careers. Maybe that's how MJ intented it to be. And you can bet he'll be beating the hell out of Prince...getting him in shape to follow in his fathers footsteps! The Devil is already making big plans!
Who cares as long as katherine is not the legal guardian of those 3 children and kept away from her old man!
And their money is kept safe for them.

1850 days ago
78.

.............    

Who gets the dead black cat glued to his head? Or are they burying it with him ?


1850 days ago
79.

Angélica Michéli Deggerone de Quevedo    

Quero depositar aqui minha homenagem a Michael, como fã e como ser humano.
Não acredito que ele fosse o vilão que falaram, até mesmo referente aos processos que sofreu injustamente.
Michael, você será eternizado, talvez um dia seja feita justiça, assim esperamos.
Que Deus abençoe, esteja onde estiver.
Angélica Micheli-Curitiba/PR-Brasil

1850 days ago
80.

Nimrod    

Those 100 % white kids should get nothing, not even a nickel. If this was the 50s those kids will not even let MJ sists at the table with them and instead of calling him dad they will call him "Boy" or the N word. So why should they get his money ? Let's pray that the judge do the right thing and give their share to black kids across America, his true kids.

1850 days ago
81.

Madeleine    

I don't think it was nice of Michael to not leave anything to his siblings, nephews and nieces. Now poor Janet will end up supporting everyone. The four Jackson 5 members contributed to his success. With so much money, he could have left $1 million for each sibling (except Janet, who has more than enought of hre own money) and still had plenty left over for his kids.I don't see why he left his mother so much, unless she is supposed to use her inheritance tto ake care of the kids. I find it odd that Katherine's money goes to his kids after she dies. If he is leaving her the money, she should be able to do with it what she wants and select her own heirs. Not nice to give money with strings attached.

1850 days ago
82.

clear    

Isn't that amazing, that Michael's mom was able to experience in her lifetime such love and such a gift from her son during her lifetime, showing her that she loved him. I mean what a gift, for the mom to receive so many millions back from her son after raising him. I am sure that she wishes he is still alive and she would rather to have him alive as well... but for the mother to receive such a gift back to her , after a mother has given so much, is really a blessing. Most mother's are forgotten about and left to die... but for any mother to receive this gift back (after raising a son) and be still alive to receive it, it is a blessing. They will meet soon again in heaven anyways. He just went first -- that's all. And left her this beautiful gift for her to experience during her life how much a son can love his mother.

1850 days ago
83.

SysLordX    

Does NAMBLA get any?

1850 days ago
84.

TexMix    

Do not put Michael underground!

1850 days ago
85.

melissa    

I dont know why everyone is making such a big deal about the mom getting 40%. I dont think he was leaving her 40% to buy jewelry and clothes, I'm guessing the children have "their" money for college and the future and then Katherines money would go towards making sure the house and bills get paid, holidays for the kids and whatever other expenses go into raising 3 kids.

1850 days ago
86.

hunsister    

This is inaccurate. The mother is getting a life estate so that her "share" goes to the kids on her death (not to MJ's father or siblings). The report should say that they share the income from the trust assets not the assets themselves. Isn't TMZ owned by a lawyer??

1850 days ago
87.

Nimrod    

Joe should contest this will so that his non biological white kids get nothing. Their share should go to black kids across America; those are his real kids. How come nobody is complaining about this?

1850 days ago
88.

Nimrod    

A black man money going to white kids that aren't his should be the most important thing here. These kids will grow up racist and maybe join the klan, so why are they getting his money? Why aren't you talking about this?

1850 days ago
89.

UGGGGHHH    

GLAD MJ LEFT JOE NOTHING............. DUE TO THE BEATINGS HE GAVE TO THE JACKSON CHILDREN..........
MICHAEL MUST OF ENDORED SEVERE BEATINGS FOR MICHAEL NOT TO LEAVE HIM ZIPPO...........


KATHERINE BETTER MAKE SURE JOE BEATER DOESN'T ABUSE THE GRAND CHILDREN. ONCE A BEATER ALWAYS A BEATER.

1850 days ago
90.

R.I.P. K.O.P.    

Please everyone, Michael has passed. Let us remember how he brought such joy.

1850 days ago
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