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Jackson Family Upset Over MJ Charities

9/10/2009 9:45 AM PDT BY TMZ STAFF

 Michael JacksonMichael Jackson's family is upset over the charities that are supposed to get 20% of Michael's estate -- that's what family sources tell TMZ.

Here's the deal -- the family's concern is premature. No charities have been picked yet and no money will be donated for somewhere between 1 and 2 years.

Under the terms of the trust, Michael gave charities 20% of the value of his estate. Problem is -- no one knows how much the estate is worth and until it's determined, no money will go to any charity.

The creditor's claims are still being filed and we're told it will take between 1 and 2 years for the state and the probate judge to settle the creditor's claims and determine the net value of the estate.

As for who decides which charities get the 20% -- we've learned the trust provides for a committee of three people who will make that decision -- Katherine Jackson and co-executors John Branca and John McClain.

The trust doesn't specify how decisions are made if the committee is divided. It could be majority rule, it could be that each committee member gets to pick a certain number of charities or they could set other ground rules.

Go figure -- Michael Jackson didn't account for the possibility that people in his world might disagree.


Michael jackson Launch photos

140 COMMENTS

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106.

liz    

An estate of that size is subject to HUGE estate taxes. May be as high as 55% of its value due in taxes. By donating 20 % of its value to charities, it could reduce its federal tax bill by millions, depending on it's worth.

1679 days ago
107.

Tamara Cannon    

Either way, hundreds of millions of dollars will be given to charities! This is not counting the $300 million he gave away during his lifetime. No other celebrity has been as generous and probably never will. RIP MJ. Thank you for your philanthropy.

1679 days ago
108.

MARIETTA    

YOU KNOW........WHEN MICHAEL ASKED HIS DOCTOR (I LOOSE THAT TERM VERY LOOSELY) TO "HELP HIM SLEEP" THAT LAST NIGHT, I BET MJ NEVER THOUGHT HE WOULD NOT WAKE UP SEVERAL HOURS LATER, WELL RESTED. THE DOC WAS MAKING TONS OF MONEY AND TO HAVE YOUR "EMPLOYER " MJ TELL YOU "GIMME MORE GIMME MORE GIMME MORE" IT MUST HAVE BEEN A DIFFICULT DECISION FOR THE DR TOO, BUT ALAS, HE COMPLIED. IF IT MEANT ME MAKING OVER 150 K A MONTH TO KEEP MY EMPLOYER HAPPY AND NOT GET FIRED I THINK MAYBE I WOULD HAVE HONORED HIS REQUESTS TOO
THE FACTS ARE MJ WAS AN ADDICT TO MULTIPLE BAD THINGS AND CHOICES. I NEVER WAS A BIG FAN OF HIS, NOT OF MY GENERATION, BUT DO FEEL BAD THAT HIS LAST CHOICES MEANT HE DIED, BUT HE WAS CHOREGRAPHING THE WHOLE LAST ORDEAL TOO. WHO KNOWS. MAYBE HE TOOK MORE THAN THE DR GAVE HIM. NO SECRET THAT IT WAS A PHARMACOLOGIAL TREASURE HUNT THERE.

1679 days ago
109.

MARIETTA    

HELLO
BYE THE TIME ALL HIS DEBTS ARE PAID AND THE OUTRAGEOUS FEES THAT ARE GOING TO COME ALONG WITH SETTLING THIS MESS.. NONE OF THEM WILL HAVE A POT TO PISS IN OR A ROLLS ROYCE WINDOW TO THROW IT OUT OF

1679 days ago
110.

liz    

It would be interesting to know just how much money Michael Jackson earned during his lifetime? Any guesses? Anyone know?

Has anyone come close to his earnings?

1679 days ago
111.

Vanesa    

i cant believe this, they need to respect Michael's last wish

1679 days ago
112.

Tracy Thompson    

The Jackson Family does not deserve any of his estate, just his Kids. GREEDY< GREEDY< People. Can not get the 20% for charities BOO HOO

1679 days ago
113.

Melanie Hoyle    

They can't be serious...

A LOT of Michael's earnings went to charity. That's the kind of person he was, a generous and charitable man. Why can't the rest of his family be like that rather than squabbling about the fact he wants some of his estate to go to charity? :(

Greedy sods.

1679 days ago
114.

Becca    

I kept thinking the same thing, My Guitar,
I am wondering if another will existed that
was more specific, and it also "disappeared".

WHY is the Jackson family being treated like
they are untouchable...WHY is little Blanket
sitting on JOE JACKSON's lap?
That b.... Katherine Jackson is a scary woman!

1679 days ago
115.

Lippy Loo    

He was the most creepiest looking critter on the planet! He had a pig nose that was barely there, fake chin, fake lips, fake skin, fake everything. Oh, and fake doctors! Arrest Convict Murray!

1679 days ago
116.

maureen    

Poor michael,will he ever be allowed to rest in [ PEACE ]?

1679 days ago
117.

maureen    

Michael, Thank you for LOVING & SHARING, for GIVING & CARING. GOD BLESS YOU & KEEP YOU, Until WE MEET AGAIN. Alway's, YOUR FAN'S. XOXOXOXOXO

1679 days ago
118.

ritchelle    

you know theres a rumor that we had heard anywhere about MJ....it was read in the news article and it say's that " MJ is still alive"

what a shocking news right???

1679 days ago
119.

Trixie    

Perhaps the Jermaine Jackson Charity? LOL

1678 days ago
120.

andrea    

Can TMZ at least show some better pics of MJ when they post these negative blogs about anything to do with him. He has hundreds why do you guys keep showing the same ones. Haven't you got any other celebs to pick on and depict in a negative manner these days.Are you bored of Britney ? Madonna? Lady Gag-ugh! I mean seriously. Let's have some respect for the man!! RIP MJ

1678 days ago
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