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Jackson's Mom and Kids

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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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76.

LucyInTheSky    

...chicken feed....


JUSTICE FOR MICHAEL JACKSON

1828 days ago
77.

Ziggy    

I agree with number 69. Nobody talks about Farrah Fawcett's crystal methhead jailbird son and he's a grown man. She left him her entire fortune and no doubt Redmond, Ryan O'Neal and Tatum are going to blow most of it on drugs and booze.

Michael made no bones about it, he wanted his Mom and kids provided for and it's being done. They arent' getting a million $$ per month, just enough to live.

1828 days ago
78.

Roy    

This just two weeks after buying 12 spots in the mauseleum where Michael was interred at dead-Michael's expense.

Looks like dear old mom and dad are trying to milk the estate for everything they can get in case the judge doesn't give them anything when it is finally settled.

1828 days ago
79.

Debbie    

I really think it is a shame that the childrens money needs to be news.The other celebs finances are not made public I wish people would leave his kids alone but i see this is making all the news all over it is so sad. Michael's kids deserve everything. Justice for Michael.

1828 days ago
80.

Maddy    

Tacky, tacky, tacky, tacky TMZ! It's no ones business how much Katherine & the children get, plus I thought you guys said in a previous article that the breakdown of expenses would not be made known to the public just the amount of the allowance. Is there a bit of truth stretching going on here!!!

Posting this kind of info could cause trouble for Katherine & the children. People might decide to ask for payouts or handouts left, right and centre. My husband makes a very good income and we financially support our parents on a monthly basis. That info & amount is kept strictly between us and them as I could imagine the headaches and chaos it would cause for my husband and I and our children if others knew.

Good for them that they get this much. Michael provided well for his mother and children and has continued to do so. What a great father! So much for you and all these other tabloid newspapers claming Michael was "insolvent" or "cash poor". You can't claim that he has ONLY become solvent to the tune of $500 mil in just 3 months!!! Very Tacky!!!!!!!

1828 days ago
81.

LAUGHS AT YOU    

HAHAHAHAHA

Hey legal geniuses...Joe does not automatically get any funds due to community property laws...she can keep it as sole and separate property...not that she will...but she can...

It is pretty ironic that the losers who primarily contributed to the destruction and ultimate death of this pitiful human being should in effect receive rewards for doing so...especially by using his kids for such gain...and please spare us the babbling insight on these two cretins based on nothing but blind admiration...this family deserves nothing but a boot into the street...and the kids to a good home.

Celebrity is certainly a worthy goal...snicker...

HAHAHAHA

1828 days ago
82.

:(    

This is so disgusting...that family would never had made a dime w/out MJ, and now they all reap from his death! 'Mother' was not there for him...Elizabeth Taylor was more of a mother. All for the $$$$$$. Lets move away from this story and let those vultures rot in the $$$$$!!! Those poor kids...hopefully they will grow up w/some sense of morals. Disgusting!!!!

1828 days ago
83.

donise121    

To 71. Katherine is getting money for herself because her son wanted her to have it. The only reason this information is now available is because the will is now in probate and the trust which was created by the will is not yet generating income. That will happen in 1-2 years once all of the claims being made against the estate are resolved. Once that does happen the money that will go to Katherine on a regular basis, her 40%, will go to her automatically and no one will ever know the amount. This allowance provides support for her as her son wished it to be until the trust starts supplying the funds. These amounts will be reviewed in January again.

If Katherine doesn't think she has enough for the kids, she will petition the court for an increase and with valid substantiation, along with agreement from the guardian ad lithem, she would probably get it.

I'm glad MJ's money is being used in the manner he so desired. It is quite simple, rich folks get to spend more than the rest of us.



71. Seriously, why is Katherine getting clothing expenses and such for herself. All that money just needs to go to those kids. Yes, those kids are set but that money doesn't need to go to Katherine at all!

Posted at 4:34PM on Sep 17th 2009 by Erin

Read more: http://www.tmz.com/2009/09/17/michael-jackson-katherine-jackson-probate-allowance/5#comments#ixzz0ROnQ6CQv

1828 days ago
84.

Anna    

I LOVE YOU MJ AND I MISS YOU SO MUCH, CAN'T WAIT TO SEE YOUR MOVIE "THIS IS IT"!!!!

R.I.P. MJ

1828 days ago
85.

Michelle    

84. Tacky, tacky, tacky, tacky TMZ! It's no ones business how much Katherine & the children get, plus I thought you guys said in a previous article that the breakdown of expenses would not be made known to the public just the amount of the allowance. Is there a bit of truth stretching going on here!!!

Posting this kind of info could cause trouble for Katherine & the children. People might decide to ask for payouts or handouts left, right and centre. My husband makes a very good income and we financially support our parents on a monthly basis. That info & amount is kept strictly between us and them as I could imagine the headaches and chaos it would cause for my husband and I and our children if others knew.

Good for them that they get this much. Michael provided well for his mother and children and has continued to do so. What a great father! So much for you and all these other tabloid newspapers claming Michael was "insolvent" or "cash poor". You can't claim that he has ONLY become solvent to the tune of $500 mil in just 3 months!!! Very Tacky!!!!!!!

Posted at 4:47PM on Sep 17th 2009 by Maddy

_________________________________________________________
Hey, it's public record and I for one am glad to know that Michael's kids will be well taken care of. TMZ just saved me the step of looking it up for myself.

Good for those kids! I'm so glad! God bless you Michael!

1828 days ago
86.

KILLBILL    

What about the umbrella holder?

1828 days ago
87.

KKK    

Ok so she really needs 3500 a MONTH for clothing and 1500 for entertainment and a grand for personal grooming? What the hell is all that about? And WHY a car allowance? Isnt she too old to drive? Holy crap this is an OUTRAGE.

1828 days ago
88.

Mags    

YES CLOTHING EXPENSE FOR KATHERINE......GET OVER IT!!!!! SHE DOESN'T DESERVE IT????? REALLY????? THAT'S WHY MICHAEL LEFT EVERTHING TO KATHERINE AND THE KIDS......THAT WAS MICHAEL'S CHOICE RETARDS! QUIT HATING LOSERS.......AND SHE'S GONNA BE LIVING EVEN MORE LARGE ALONG WITH THE KIDS ONCE EVERYTHING IS SETTLED, THEN YOU MORON'S WILL REALLY BE HATING. LOSERS!

1828 days ago
89.

Anna    

STOP HATING HATERS, MICHAEL'S CHILDREN AND HIS MOTHER DESERVES EVERY DIME THEY GET. HIS KIDS WILL SEE EVERY DIME THEIR GIVEN BECAUSE HIS MOTHER IS A PHENOMENAL WOMEN, SHE WILL TAKE VERY GOOD CARE OF HER GRANDCHILDREN, U WATCH AND SEE!!!!



WE LOVE YOU MIKE AND UR FAMILY!!!

1828 days ago
90.

KKK    

Wait til Joe gets his mitts on all that. Christmas came early for that loser.

1828 days ago
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