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Jackson's Mom and Kids

Get a Bundle

9/17/2009 4:10 PM PDT BY TMZ STAFF

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

427 COMMENTS

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Previous 15 Comments | 18 | 19 | 20 | 21 | 22 | 23 | 24
346.

Betzblue    

I personally think that Grandma's share of the money should be used for the kids & their share be put into a trust fund that no one can touch until they turn 18, 25 & 30....The elderly Jacksons & entourage don't deserve a dime of MK's wealth. He had a terrible childhood as Big Deddy Joe pimped he & the other kids because he was too lazy to get a job & support HIS family.
I don't care what any of ya'll say...if his family LOVED him as much as they are sniveling about ( now that he's dead) They would have known that he had sleeping issues & drug issues and would not have let his child dangle off a balcony...HE needed love & support back then and he never got it. Now their cash cow is gone & they are frantic about how to make money off his death...lawsuits for his DR related homicide? Michael Jackson memorabilia. recordings, movies blah blah blah....Move on.

1834 days ago
347.

NBR1MJFan    

WOW TMZ...guess I'm too much of a goody-two shoes for ya, huh? Since I don't curse others out and make demented statements, my comments aren't worthy? I see my comments magically disappeared from the site...maybe someone made a complaint. Yeah, it was a little long but so what? People post the same comments 3 and 4 times and say all type of stuff to each other on here. Oh well, I'll put the readacted version up of what I originally said...if anyone wants the site to the message from Michael you can read it for yourselves at:

http://www.mjfriendship.de/en/index.php?option=com_content&task=view&id=107&Itemid=40

Anyways, like I said:

I'm not here to debate or argue with anyone because I could CARE LESS
what you think if you are not in Michael's corner. Your indecent,
ignorant and immature comments are what they are...your opinions.
But in judging others you are only setting yourself up to be judged
harshly...trust and believe that, all you so-called "GOOD" people.
I'm not going to tell you what to do but I challenge you to start
your own Michael bashing blog if you are so "fervent" in your
beliefs...go start your own little world. I just wonder what makes
people hate so much??? Well, I know but it's just mind-boggling to
let someone have so much control over your emotions. Yeah, that's
why people are killing each other everyday. I feel sorry for people
that live in that type of emotional bondage. Love and truth sets
everything and everyone free. Michael was love...pure and simple.

Moonwalker, don't stoop to their level...you are better than that.
Regardless of what some of these people want to accept, Michael
wanted to take care of his mom and kids. People...YOU CAN'T TAKE IT
WITH YOU!!! LOL...if he had left it to Bubbles that's his business.
As long as he did what's right in the end, that's all that matters.
GET REAL, GET A LIFE AND GET JESUS!!!

1834 days ago
Previous 15 Comments | 18 | 19 | 20 | 21 | 22 | 23 | 24

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