Up to now we didn't know how much Katherine Jackson was getting by way of allowance while Michael Jackson's estate gets probated. In legal docs just unveiled today, we now know the special administrators asked to pay her $26,804 per month.
As for the kids, the family allowance for them is $60,000 per month.
The docs also say "...the Estate assets consist of real and personal property exceeding $500 million and that the Estate is solvent."
Katherine and Michael's 3 kids will continue to get an allowance -- which is subject to change -- until the estate is probated. That could take between 1 and 2 years from now.
UPDATE: The docs also list Katherine and the kids' expenses separately.
Now, the kids' specific expenses are redacted -- but it doesn't matter, because the totals are still listed ... and they're HUGE:
-- Salaries and payroll benefits: $315,580 per year
-- Basic needs: $141,300 per year
-- Entertainment and other: $159,120 per year
TOTAL: $720,000 per year
Katherine's expenses per month:
-- Assistant: $4,722
-- Insurance for Asst: $475
-- Housekeeper: $2,080
-- Driver: $2,000
-- Payroll and Taxes on gross salaries: $1,760
-- Utilities: $3,260
-- Clothing: $3,500
-- Personal grooming: $1,000
-- Entertainment: $1,500
-- Car Expenses: $1,750
TOTAL (plus a few expenses we didn't list): $26,804 per month
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Reader Comments
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its so good four his children, i hope they have a good life. and they can go in usual, shool, and educate to what the wont.
And i hope all human being let they have a life whit out papparatzi, so they can have a usual live. so they never will get a hard live like michael .jackson ...children most get happy life.
And nothing for his pimp of a father, Joe! Ha ha... Sucka!
MJ IS THE KING 4EVER, AND HIS MOTHER AND CHILDREN DESERVES ALL THAT MONEY AND MORE. HE'S REALLY ABOUT TO GET PAID FROM THE BEATLES ALBUM SALES!!!!!!!!!HAHAHAHHA!!!LUV U MJ!!!!!
Wow. $60,000 a month for the kids? Those kids can afford to see private screenings in Disneyland.....wow.....
Great pic. TMZ. Glad his mom and children are being so well provided for...That's what he wanted!
I am so glad that everything is going okay for MJ's mom and kids, however that is still not enough money considering the fact that the Encino home is a mansion, and I'm sure it takes a lot of money just to maintain it. For all of you jerks that don't know the law, Joe Jackson is entitiled to any money that Katherine gets , due to the fact that they are not divorced. So don't think for a minute that she's going to allow her husband of 60 years to go without, if he needs any thing. So therefore you can save those stupid comments, because that's California law community property 50/50.
Didnt know there was that much money in child molesting these days...hmmm
We now know MJ is not a crazy child molester, but a very wise father, son, and businessman who cares about the world. His will also takes care of charities.
NICE PIC TMZ...THANKS HARVEY!
GOOD..KATHERINE AND THE KIDS SHOULD BE EXCLUSIVELY TAKEN CARE OF. THEY SHOULD MAKE SURE JERMAINE IS NOT ALLOWED TO TOUCH KATHERINE'S MONEY THOUGH!
RIP MICHAEL
