Katherine and Kids Need Money -- STAT!

Lawyers for Michael Jackson's estate, along with Katherine Jackson's lawyer, went to court this morning, seeking temporary financial allowances -- and Katherine claims she needs the money to live.

The matter was put off until August 3, when lawyers will all appear in court.

UPDATE: 2:29 PM PT:
Lawyers for the estate wrote in a written declaration, "We are informed that Mrs. Jackson was also financially dependent upon Michael Jackson and that other than extremely modest social security benefits, Mrs. Jackson has no independent means of support."

The declaration continues: "Michael Jackson died 4 weeks ago. Therefore, there is an urgent need for the Special Administrators to be authorized to pay family allowance for the benefits of Minor Children in order to ensure that the Minor Children's needs for maintenance and support are met."

The document also says other than social security benefits which the kids have not yet received, they are totally dependent on the estate for their care and support.


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Tags: allowance, hearing, katherine jackson, KatherineJackson, michael jackson, MichaelJackson, money, probate

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Reader Comments

(Page 1 of 24) | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

1. I like little boys also.
BTW - First!

Posted at 1:51PM on Jul 23rd 2009 by Cleveland-West_Side

2. First!

I Love You, Michael!

Posted at 1:52PM on Jul 23rd 2009 by BabyGirl

3. Wow....the freezing of an estate after someone dies is a good and a bad thing. For Katherine to have to ask for an allowance until probate goes through is pretty humiliating.

Posted at 1:52PM on Jul 23rd 2009 by Chico

4. what would happen if the cement of the money fell away?

Posted at 1:52PM on Jul 23rd 2009 by charles sloan

5. Before his death, wasn't there all this stuff about ow broke he was??

Posted at 1:53PM on Jul 23rd 2009 by Ballisac

6. Show me the $$$$$$

Posted at 1:54PM on Jul 23rd 2009 by hollywood

7. Dame when my Grandparents raised me they did not ask for any money for themselves they did it because they loved me and my sister...Sounds greedy to me!

Posted at 1:54PM on Jul 23rd 2009 by Larimer Ave.

8.
OH BUT OF COURSE THEY DO...AND JOE?

Posted at 2:07PM on Jul 23rd 2009 by JOE- NO!

9. IF Michael wasnt a Star and had NO money, she wouldnt get squat anyways
She has the money to care for them

Posted at 1:56PM on Jul 23rd 2009 by Sue

10. How broke are the Jacksons, because they sure are worried about money. Even Michael blew threw his money. What is wrong with all of them? And Katherine was worried about the will the night her own son died. Geez.

Posted at 1:56PM on Jul 23rd 2009 by There is no such thing as reality tv

11. There is no reason WHATSOEVER, the executors can't authorize a small advance to each one of the children such as $50,000.

Posted at 1:57PM on Jul 23rd 2009 by Russ

12. Those poor kids aught to be able to buy what ever they want right now to comfort them...
And I hope another Jackson has a coin that they can loan them till the court gives em some real cash.
I can't wait to see that little Paris splurge, Im sure she has more style than Madonna's little girl....
But here's an idea since Madonna loves adopting why they just don't let her take the kids? Whats wrong Madonna, they're not black enough for ya?! LOve you Michael RIP

Posted at 1:58PM on Jul 23rd 2009 by duranduran

13. allowance whats that mean 1000 a day?

for those not getting money like that check karmaloop.com save 20% use rep code AE31753

Posted at 1:58PM on Jul 23rd 2009 by oleboy

14. To the first poster... you are sick!
I do believe Katherine and the kids should be getting their money now. She careing for them and keeping a roof over their heads and food in their stomachs. There will also need to be tutors as well as these are Michael's kids and they cant go to public schools. I just cant believe this poor woman has to go threw so much red tape just to fufill her sons wishes. This is so tragic! I just wish Aug. 3rd would get here already so all this mess can be over ,... its all to sad... and back to the first poster'

You are one sick S.O.B and your joke ( if it is one ) Isnt funny at all!!

Posted at 1:59PM on Jul 23rd 2009 by Michael Jackson's Voice

15. Mj didn't have a lot of LIQUID assets....meaning cash or thing he could liquify easily. Now that he's gone, and not spending, plus the all the sales of the month after he died, as well as other assets, MJ's kids and Katherine will be allowed an allowance. The judge always takes into consideration what kind of lifestyle these children were accustomed to prior to the death, and will dole out an allowance accordingly.

Posted at 1:58PM on Jul 23rd 2009 by Chico

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