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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
91.

ok    

CORRECTION to 88: After this I AM SIGNING OFF! Definitely!
_______

88. 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


Posted at 8:10AM on Oct 12th 2009 by TheWanderingGypsy
______________

CORRECTION:

"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."

I will not be posting the remainder of today under the username TheWanderingGypsy or any other aka on ANY TMZ boards. PERIOD.


JUSTICE FOR MICHAEL JACKSON

1755 days ago
92.

nan    

hi gypsy .what you say is true and i worry about the reprocussions on mj kids from the relatives but i recently saw a picture of katherine at mj funeral it looks like almost too much for her to bear.and then the added pressure of the rest of the family....you know shes not the one trying to get the seat at the table...and then ,lets hope she lives to be 100 if she goes,what happens to joe?is he out on the street?all the relatives will stay in moms house with the kids i am sure but she must hear nothing but flack about the money.and the the siblings should start carrying their own weight .but they never have and dont want to start now.remember jermaine looking at million dollar condos?nobody in that family other than janet has been a responsible adult.i just pray for the kids to be happy

1755 days ago
93.

Speechless    

Good, as it should be! Good job MJ!

1755 days ago
94.

Anita    

Remember Liberian girl but only this time there are helicopter over
top there head look at them if dont believe it go here and look on
Youtube-Michael Jackson funeral 3 who is the mystery man in the
obvious disguise)check it out check out who there well let me tell
you Randy Philip from AEG this is it is there let see MJ dance is
there Kenny Ortega, and the Spirtitual adviser that was talking about
Tohme yell she there to I wonder why Mr & Mrs Jackson had that look on
there face for look at the lady who walk by them they are tying to
find out who she and wear she came from she is not with them, now go
back to the Spirtitual lady wake a min let go the first funeral
remember it when they the old man is MJ at his own funeral they told
the true he was then you how can that be he is to short you can if
you dont get up all the way and he was sit on the edged of your seat
would make you look short, and remember when Usher came down and the
family walk to him and then he walk over the MJ mom if you look over
the seat wear is at it look like is empty but he bent over to the
floor and the bodyguard was look at him, now let go back to the
second funeral now the spirtitual adviser watch her as she go down
the line shaking hand with the people now look over to the guy that
sitting across from the black guy he is wave his hand to let him no
the camera is now watch how he act when tell him, now who is the old
man let me tell you MJ yep that him and if dont think so MJ and
Marlin J, lookalike and if dont think so go here and look(Michael
Jackson-Rare pictures 1969-1985) look at the pic and then go back and
look at the man that the lady is saking his hand as well and he got up
and hugged her he look tall he is now that is MJ that why Randy
Jackson didn't want the footage to be seen he didn't want to see MJ
sitting there and he have on and nother mask on look wear his ear
suppose be at look at this good and you will see that as will look
like ear behide ear, now you go there see how many people you see
there you would beleive it when you see it. O-yell go and look here
to for more pic of Marlin at the (Michael Jackson brother closing
comment) look at he pic and compair them with the old man do you
remeber ghost the mask and body suit he has it on yell he got some of
the body suit on and person who put on him is there to,now let us go
the( Michael Jackson funerale & party strane coincidenze!) remmeber
this is all on youtube who is this MJ dancer they are the hoster
there check them out, I smell fake alway round this just like the
first one funeral everybody in place in here now let go back to RTL
yell they there to remember the helicopter land to meet the van to
take him over to the coroner office remember when RTL said it was a
fake and they compair it with the light what you should been look at
is the size of the van RLT van is small then LA van is bigger go back
and fine the pic and the look at it I have been on Sky 9 news.CNN,KABC
news,Overleden news,and Fox news now why is everybody have the same
size van in there news and RTL now who is fake now . if you don't
believe it now go and take your azz there and see for yourself get
yor own conclusion remember this from Dr Klein say MJ alway is a good
acter, and janet make no better remember Poetic Justice can she act
yes she can that why she went to reward and remember MJ daughter said
watch her brother behide janet yell we seen that your all so fake and
what your borther did to.
Now the song Money O- dont act you dont no what I'am talk about so
you sue him you do him and use him pay back time, who junks is it's
your junk I bought for you and now time for me to sell it back you
to you, when he get through with you I he would be rich again now
what make you think he would lieve his kids behide no he would so who
got jump that night after the rehearsal the person you are look for is
William Hall now let me take you there go to( William Hall Billie Jean
Lebe deien star Finail song MJ Doudle)when you look at him when spin
around stop him catch on the left side of his face you will see the
cut from ear to ear and the compair him with (Michael Jackson is
dead, latesr pictures) and go to the right side of and read what he
say look for njiri1 go in there and read what he say he said my
wishes is to meet Michael personally and I'm dreaming about going to
a concert of him. now where was MJ and Kenny Ortege and Randy Philips
was at yep at the UK kenny getting so guy up for the lookalike of MJ
who can William Hall pass for MJ lookjustlike yes he can he sing
just like him yes he can now can he dance like him yes he can now,
William call himself Michael Jackson William have no sister or
brother the only child soone lost child I bet his peoples don't no
where is an

1755 days ago
95.

:(    

VULTURES!!! The Jackson brothers are VULTURES!!! Any siblings who walk on the grave of their 'brother' to make $$$$$$$$$$$$$$ is considered vulture!!! They take a demo and sing backround---for $$$$!! They lived off MJ at the MJ funded Encino compound for---$$$$$$$$!! Talk shows, Daninc w/the Stars apperance---cashing in on MJ's death!!! VULTURES!!!!!!!!

1755 days ago
96.

ok    

I take it back.....ONE MORE POST! in reply to sydney
___________

91. hi gypsy .what you say is true and i worry about the reprocussions on mj kids from the relatives but i recently saw a picture of katherine at mj funeral it looks like almost too much for her to bear.and then the added pressure of the rest of the family....you know shes not the one trying to get the seat at the table...and then ,lets hope she lives to be 100 if she goes,what happens to joe?is he out on the street?all the relatives will stay in moms house with the kids i am sure but she must hear nothing but flack about the money.and the the siblings should start carrying their own weight .but they never have and dont want to start now.remember jermaine looking at million dollar condos?nobody in that family other than janet has been a responsible adult.i just pray for the kids to be happy

Posted at 8:30AM on Oct 12th 2009 by sydney
____________________

I know sydney I saw that photo as well, there are no words to describe the pain and sadness that Katherine was enduring/feeling at that moment and my heart truly melted for this lady.

How How How could they have let it go this far!

But now is time to set the MONEY issues aside and enjoy what is left of this life and try to heal the past regrets. You know she has to be feeling them! Joe is an entirely different story He regrets nothing he was born without a conscience.


STAY OUT OF THE COURTROOM JACKSONS!

NOW I AM DONE FOR THE DAY! I will not be posting as TheWanderingGypsy or any other aka on ANY TMZ boards for the remainder of today.


JUSTICE FOR MICHAEL JACKSON

1755 days ago
97.

blackbeauty1962    

Michael always took of his mother,she is alright.Who made the comment about the amount that she gets 26,000 that is for her to pay her staff.Ms.Katherine gets 86,000 a month to be split between her, the children,and the house.It is good to see that the four most important people in his life he made sure they are well taken care of. Such a loving MAN!

1755 days ago
98.

lynn    

This is good news. Michael was very smart and ensured that his beloved mother would be secure for the rest of her life and his money grabbing siblings and father would not get another penny of his money. AS always he put his childrens' needs first and in the end Michael was in control. God bless his Mom and kids.

1755 days ago
99.

:(    

The best thing that could happen is for all thet $ to disappear, for those children to grow up like our kids are doing, and to make their own way in the world. $$$$$ is evil and what the future holds for those kids will be based on greed and jealousy and the laziness bred into their extended 'family.' MJ was subjected to greed and jealousy due to $$$$ and he was a sad human being, always searching for true love. $$$$$ buried him.

1755 days ago
100.

why?    

We at the North American Man/Boy Love Association sincerely hope the Jackson Estate will keep us in mind when deciding which charities to donate the 20% to. I am sure it is understood our organization was very near and dear to Michael's heart.We thank you for your support.

1755 days ago
101.

Anita    

all of your all talking but you should read 103 and go to the place it tell you to, and you will get your answer and you would no why Joe and Majestik are acting the way they do, they no something you don't no you have go there if you think MJ is dead of alive just go the true is about come out.

1755 days ago
102.

hoocheekoo    

Michael did some very smart things and Michael did some stupid stuff. This was one of his smart moves. Good going, Michael!

1755 days ago
103.

janalal4    

WONDERFUL! Saw this story & almost leaped for joy! This is as it should be & Michael obviously was not a stupid man. He wanted his mother provided for & she will be for the rest of her life. Michael obviously expected the siblings to support themselves. He did PLENTY for them while he was alive. They had to know that sooner or later the gravy train would reach the station! Maybe they should have taken better care of their brother? Instead of just saying, "Yes, Michael. Your right Michael...blah,blah,blah". Whitney Houston's mother managed to get her away from that no-good Bobby Brown & get her some help. Where was this family when Michael clearly NEEDED them? Too afraid of rocking Michaels boat & getting cut off from the funds, that's where they were. His mother will be provided for. Oh, don't worry about Joe; I'm sure he'll be leaching off Mama Jackson's monthly allowance as often as possible and I'm sorry to say, I think she'll give him some of it. Obviously she could never say "no" to this man. Then the kids get the rest!

Starting to make sense why Joe is showing up at court & the lawyers are kicking up such a ruckus in court isn't it?? I smell "catfish"!!!!

1755 days ago
104.

PA WOMANIZER    

Michael Jackson was genius! Here I thought that when Katherine dies...her Will would kick in and leave everything to Joe Jackson or his siblings! GREAT NEWS! Jermaine should never have pissed him off by that single on YOUTUBE: WORD TO THE BADD! CARMA IS A BIATCH!

1755 days ago
105.

biggity    

GREAT IDEA MJ! She is worth more to them alive and well so they HAVE to take care of her and not cause her stress! EVEN in death he takes care of her by making sure that she isn't manipulated into willing her cash to any of his deadbeat kinfolk that don't pay bills.

1755 days ago
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