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Katherine Jackson Won't Inherit MJ's Estate

10/12/2009 11:50 AM PDT BY TMZ STAFF

TMZ has learned Michael Jackson intended to provide for his mother during her lifetime, but once she dies her share of the estate will go directly to MJ's three kids.

Katherine Jackson Michael Jackson

As we first reported, under the trust, 40% of Michael's estate goes to Katherine. The kids get 40% and the remaining 20% goes to charity. But we've learned ... Katherine Jackson will not get 40% outright.

The trustees -- John Branca and John McClain -- decide what money should go to the beneficiaries. Katherine has no voice in those decisions. Whatever remains in Katherine's trust when she dies goes directly to the children.

Bottom line -- Katherine will get a healthy stipend for the rest of her life ... now she's getting a hefty allowance and when the trust kicks in she'll probably get more. But she will not inherit 40% of her son's estate.

343 COMMENTS

No Avatar
76.

ok    

72. How does anyone know who were in MJ's house the night before he died? Are there any links to news articles about that?

Posted at 6:25AM on Oct 12th 2009 by A.B.
_____________

Dear A.B.
those links have been posted to MJ boards innumerable times since as early as June 25th/June 26th until as recently as 3-4 days ago.

I for one am done reposting them at this time.
Alot of the World out there has read them as well as current and past posters.

Best I can advise you to do is to search TMZ archives for those links or Google for them.

Good luck and best wishes

Peace
Om

JUSTICE FOR MICHAEL JACKSON

1836 days ago
77.

nan    

poor katerine.she must be between a rock and a hard place with her other kids.she is too old for al the stres.looks like branca will be controlling everything until the kids are older.they can all live at moms house anyway

1836 days ago
78.

ok    

73. Well that's good. I think MJ would have given her more power if she had kicked Joe Jackson to the curb a longtime ago or at least made the rest of the Jackson clan that live or have lived in that big house of hers kick in some money/rent on it. MJ said his mother was a saint so I am pretty sure if he had given her more she would have divided most of it among her other children and grandchildren. If MJ wanted that he would have left them all something. I really think they are putting her up to fighting for more, because why would an 83 year old woman want to go to court all the time and fight for an income she wasn't used to getting anyway. Nothing is being foreclosed on or repossessed so why so much now? I am pretty sure they are all coming to her with their hands out, because once she's gone there pipeline to MJ's money is gone.

Posted at 6:48AM on Oct 12th 2009 by Kiki
__________________

Michael wanted to provide for his Mother and via his Mother some of his siblings for the remainder of her lifetime.

Michael during his lifetime right up until his death June 25th paid for all the mortgage and living expenses ALL EXPENSES for EVERYONE in that household at that Encino mansion for the past 25 years or longer, Katherine and Joe Jackson had no tangible income other than their SS benefits both of their livelihoods were 85% or more Michaels and perhaps at times Janets (she purchased the Las Vegas home that Joe lives in) imposted responsiblities/liabilities. The elder Jacksons had no discernable income outside their childrens support.

The children were probably raised with that purpose/intent in mind since neither parent productively ventured out to provide for their own separate security and income during the past 40 years.


JUSTICE FOR MICHAEL JACKSON

1836 days ago
79.

nan    

hey good point wandering gypsy..mj did puts all his ducks in a row and as long as the court is looking out for the kids and social workers,and family is good to them AND they have money.i guess thats alright.just worry abaout the animosity within the house .hope its not directed at them.counselors and social workers hpefully know the deal ill be back

1836 days ago
80.

Della    

Gypsy - I left you a message last night on another board. I just simply said: I love you. I miss you so much i can't stand it.

I see people miss us investigating. There isn't much to investigate anymore. Everything they need is right here. All they need to do is visit the old boards and bring the information forward. Until the police make an arrest, everyone should just sit tight and wait and see what happens for now.

I want justice for Michael so bad. He seems so busy these days. He can't even rest in peace, now can he?


How are you these days.. I know you told us some things a little while back and you are never far from my thoughts.. Didn't see you visit us either, so if you do, please drop us a line or two.


1836 days ago
81.

ok    

76. poor katerine.she must be between a rock and a hard place with her other kids.she is too old for al the stres.looks like branca will be controlling everything until the kids are older.they can all live at moms house anyway

Posted at 6:58AM on Oct 12th 2009 by sydney
_________________

Katherines other Grandchildren who live in the Encino mansion have parents also, it's time those parents started taking responsiblity for the financial security and wellbeing of those children, it is/was neither MJs OR Katherines responsiblity and never should have been.

It's also quite unfair that Michaels children will maybe be subjected to jealousy (maybe hidden somewhat who knows what these nieces and nephews heard said of MJ by their parents!) by their cousins. And MJs children should not be made to feel that they should be lifelong finacial blankets for the entire family as their Daddy was made to be. Which as children they might start feeling obligated/manipulated (made to feel guilty/imposed to unnecessary and excessive sharing) much as their Daddy was made to feel.

In other words, Hopefully MJs childrens goodheartedness will not also be taken advantage of.


JUSTICE FOR MICHAEL JACKSON

1836 days ago
82.

Marla    

Ever since I started working I've provided for my mother and so have my siblings, she has always been in charge of the family and that entails a lot of work, some of you have no idea how much work it takes to raise a family and care for a home until you have one, all the sacrifices everyone has to make in order to live decently. I see nothing wrong in Michael caring for his mother, since she also worked a lot in order to obtain all the success her children achieved as musicians and entertainers (specially Michael and Janet), but I'm very glad MJ's estate will go to his children once Mrs Jackson dies since they are his rightful heirs, not his siblings and families, nor his father (although he also worked hard to achieve success for the brood, that no one can deny)since they should have been taking care of themselves a long time ago.BRAVO for team Branca and McClain!!!

1836 days ago
83.

:(    

THIS IS IT!!!! This is wonderful!! Those bastard brothers of MJ's, especially Jermaine and Randy, will not get thier vulture hands on the $!! They have been trying to cash in ever since MJ died. MJ supported them since Off The Wall...beautiful to know the remaining $ will not be sucked up by that sickening greedy clan! Janet excluded. All the bs about attempting an intervention is just that. They did not care about MJ other than $ because of jealousy. They are disgusting!

1836 days ago
84.

ok    

~~~~~frantically....Goodmorning my Della! Saw your message last night but was not going into that ruckus on the board! No thanks! But sure wanted to respond to you. I miss you always! I love you also.

You're so right Dell all we can do now is wait.
Plenty past research at everyones fingertips.

I will be seeing you soon you know where.

Hugs and more hugs, you are always in my thoughts, little treasure girl.

Later
Peace
Om

JFMF

1836 days ago
85.

cherryrn    

Michael knew John Branca would take care of his children money wise.Once Katherine is gone. I would give the Jackson's nothing . Michael was smarter than people gave him credit for being.Now if he can get Dr. Murray in jail. All would be righted as much as it can be.

1836 days ago
86.

ok    

80...Yep I saw that, .....NOR,
I had gone back and added /was and changed NOT to Neither and didn't change OR to NOR. plse forgive

Hi to board, ~~~~ to those near and dear and undercover/wraps! LOL ...TMZ MJ boards can certainly be a vicious place at times! God only knows HOW I KNOW!

Later guys

1836 days ago
87.

Anita    

70# You want to no why Joe Jackson and Majestik hang out together is Joe and Majestik got with this guy name ECasanova Majestik is his manger and Joe them has been us this as a MJ impersonator around town go on youtube and look for yourself( E'casanova interview: Michael Jackson Impersonator) go there and then go to( E'Casanova, Joe Jackson,Michael Kackson,petite) he have been impersonator MJ for a long time with Joe and Majestik.

1836 days ago
88.

TEAMBRANCA    



JUST AS MJ WANTED! Beckloff respect his wishes and stop her challenges. Cannot believe she is wasting so much on legal fees.

1836 days ago
89.

ok    

82. THIS IS IT!!!! This is wonderful!! Those bastard brothers of MJ's, especially Jermaine and Randy, will not get thier vulture hands on the $!! They have been trying to cash in ever since MJ died. MJ supported them since Off The Wall...beautiful to know the remaining $ will not be sucked up by that sickening greedy clan! Janet excluded. All the bs about attempting an intervention is just that. They did not care about MJ other than $ because of jealousy. They are disgusting!

Posted at 7:31AM on Oct 12th 2009 by ;(
________________

I will take the hazardous! step of apologizing on behalf of ;) myself....no one I REPEAT NO ONE should EVER be referred to as the unmentionable name that ;) used in regard to MJs brothers.

These people were a legitimate family with legitimate dreams and the determination to strive for those dreams.

It is however unfortunate and a terrible tragedy that the parents did not forsee and prevent all the tragic forseeable repercussions that their actions caused against and amidst their children. I truly feel genuinely sorry for all the Jackson siblings for the injustices that they have had to endure at the hands of so many. Most not of their own making.

The concepts initiated by the parents were tainted/jaded from the beginning. The brutal jealousy felt between brothers to brother could have been avoided. The abuse/neglect/untimely death COULD HAVE been prevented BUT was not.

A true American Dream that became a True American Tragedy.

May all concerned Jackson family parties finally find at some time in the near future long overdue peace and accountability in their lives.


JUSTICE FOR MICHAEL JACKSON

1836 days ago
90.

doris    

Wonderful MJ just wonderful. I bet Jermaine and Joe are praying please Katherine live forever.Nice to see that they will need to get a real job in the future. Just hope that MJ's children grow up to be strong,honest and caring adults,and not pick up any bad habits from all the hangar-ons living in this house.

1836 days ago
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