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Follow the Michael Jackson Money Trail

6/25/2010 8:45 AM PDT BY TMZ STAFF

Michael Jackson's parents are giving fans an ultimatum -- don't even try to use MJ's name or likeness to make money.  Problem is ... they don't have the right either.

0624_joe_michael_katherine_jackson_EX_Getty

We found a document posted on the Jackson Family Foundation website -- that's the organization that's throwing a bash at the Beverly Hilton in Bev Hills Saturday night at prices as high as $500 a ticket.

The document, signed by Joseph Jackson, Chairman, and Katherine Jackson, Vice Chairman, warns fans, "Please, do not ... Use the 'Jackson Family" name 'The Jackson Family Foundation' or 'Michael Jackson' as a means to advertise the sale of commercial products, fundraisers or services of any kind."

The reality -- Michael's parents -- just like the fans -- have no right to exploit MJ's name and likeness.  That right belongs solely and exclusively to the estate of Michael Jackson. 

What's more, we did some digging and Joe has created a company that may well be cashing in on Michael's name.  It's called the Jackson Development & Marketing Corporation, incorporated in Nevada last December, after Michael died.  Joe is listed as the director and Lowell Henry, a longtime financial advisor of Joe and Katherine, is the treasurer.

0624_jackson_katherineAnd get this ... Take a look at the picture of the guy in the red tie, next to Katherine in a promotional pic for Katherine's new book, "Never Can Say Goodbye."  That guy is none other than Lowell Henry. 

Interesting ... in the book, Katherine thanks Lowell, Joe and the estate.  We're told no one told the MJ estate about the book until its release was announced.

As for the Beverly Hilton bash, Joe's PR person tells TMZ Joe will not be profiting from the Beverly Hilton event, and that the money is all going to charity.  But VoicePlate.com, which is co-sponsoring the event, tells TMZ some but not all of the money will go to charity.

46 COMMENTS

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1.

Simone    

First!!!!!!!!!!!!!!!!!!!

1581 days ago
2.

Simone    

Oh, man!!!!!!!! I have been following this story since last year!!!!
Hahhahahhahahahhahahhahahhahahhahahhaha.



RIP, MJ!!!!!!!!!!!!!!!

1581 days ago
3.

Trish    

Peace, love and understanding... We love you Farrah...and Michael... Trish needs an up beat song again! Phantom, where are you? "HELP!"

1581 days ago
4.

cindee    

SHAMELESS FAMILY

1581 days ago
5.

ToTheResponsible    

Erin i hope you are reading this!!!!!!!!! The Jackson's aren't happy!
Have u sent them an invite to your party bus tour of Neverland on the 26th?? Perhaps you sent Mrs Jackson a VIP ticket to use the stripper pole that your bus has! Tacky at best Erin. Take notice to what the jackson's are telling you Erin... NO MORE money laundering through your phoney charity.... stop ripping fans off and cease and desist with your reckless use of MJ's name to make an easy buck! I dont care Erin, if you sold your bike to pay for tickets to the Victory Tour, you sold your soul the day you started making profit off his death! pathetic!

1581 days ago
6.

tac    

With Katherine publishing a book and being clearly involved with the foundation violate the contents of Michael's will? It's like she's contesting the estate's rights to oversee the kids interests. Michael wasn't crazy when he wrote this. I think he knew what was going to happen. Family members should be held accountable also by asking for permission to do something in MJ's name. It's so sad and unfair how he is being treated even after death. The estate needs to step up their game plan and not let them do what they want to do.

1581 days ago
7.

JLS    

Joe and Katherine need better legal advice. The estate can shut this off easily. They are competing with Michael's estate. Past that, the estate owns everything MJ. I am glad of that. The two attorney's running the estate are just incredibly good.

1581 days ago
8.

just an observation    

Interesting partial post on LKL as follows:



I particularly find some of the lyrics from "Cry" to be profound right now



"Somebody shakes when the wind blows
Somebody's missing a friend, hold on
Somebody's lacking a hero
And they have not a clue when it's all gonna end



Stories buried and unfold
Someone is hiding the truth, hold on
When will this mystery unfold
And will the sun ever shine
In the blind man's eyes when he cries?



You can change the world
(I can't do it by myself)
You can touch the sky
(Gonna take somebody's help)
You're the chosen one
(I'm gonna need some kind of sign)
If we all cry at the same time tonight"



We truly are "missing a friend." Stories buried and unfold, is someone "hiding the truth?" We don't know when "this mystery will unfold." We don't know "when it's all gonna end."



The last time " we all cried at the same time tonight" was when Michael "died." Will there be a time soon when we will all cry again, but for another reason? Is this what it is all about? Michael can't do it by himself, "gonna take somebody's help." The question then becomes,
"Will You Be There?"



and the journey continues........Keep the faith,.....Stay strong

1581 days ago
9.

Brigha from UK    

For God sake - they are his parents! They are still grieving and should be given a little slack. Okay, I agree that some of their ways to 'honour' MJ may be a little tacky, but at least they are motivated by emotion. Unlike the estate which only sees MJ as a financial product, a future cash cow for the executors. How can people trust lawyers more than his own family? Yes, I know they had their conflicts - but what family doesn't have arguments?
IMO the tears they shed for MJ were real.



As for the will - well we all know that Michael suffered 'impaired' episodes throughout his life. We also know that the exorbitant legal fees he accrued were largely responsible for his financial difficulties. Was Branca really a 'friend' to MJ?



There is something quite unsettling and distasteful about the whole issue. A human being, exploited since childhood, continues to be exploited in death. Doesn't seem right somehow.

Has it really been a year already? I often wonder what MJ would have made of the hulabaloo over the last year. What a shame society didn't show him this much appreciation when he needed it, during the later years of his life.

1581 days ago
10.

mjuls    

It really is hard to believe a year has pasted. I for one hope that Michael's final wishes are adhered to and respected. It is a courtesy we all deserve.



With Michael's death, the extended Jackson Family are effectively out of the Michael Jackson business. End of story. Of course, as his family, they may, and should, mourn and remember their son and brother any way the see fit, but they MAY NOT profit from it. You want to hold a memorial service - fine, you want to organize a fan gathering in Michael's name - fine, but they cannot charge a fee in Michael's name (whether the money is earmarked for charity or not) without the expressed consent of the Estate. Michael Jackson went to great pains - and his directives leave little wiggle room - to make sure that NO member of his family, with exception of his children (or his mother, in her lifetime only), would ever profit from his posthumous career. Michael chose his team and his wishes should be respected. Trust that he had his reasons. Whether you agree with Michael's wishes or not is of no consequence. That is the way he wanted it.



I just can't understand why so many fans who claim to love Michael would think it OK to disregard his final wishes in any way shape or form.



Be well.

1581 days ago
11.

Why oh Why?    

Well said, mjuls! Just what I have been thinking.
Reading comments from "fans" who know better than Michael himself what would be good for him is nothing but frustrating and shows no concern for MJ as a human being.



In "Will you be there" the lyrics go something like "Seems like everyone has a role for me". Yep. That´s how it was in his lifetime and that´s how it is after his death. Because everyone knows better than MJ himself how he should/should have run his life.

1581 days ago
12.

KingzWarrior    

Erin Jacobs, no more Mj merchandise you can sell now. Get the message of Jackson family loud and clear.

1580 days ago
13.

bebefj123    

Do whatevevr you want Parents of the star! Do something all day if you feel like it. MJ parents are not fans they are his PARENTS!!!!!!!!! From now on, all parents of deceased children must have permission from all estate lawyers to hold memorials and anything else. This is ridiculous on the commoner level, so why is it tolerated on the star level. While you are researching TMZ, what about that will in the first place? Research that, the signature date, incorrect spelling of some of the names, the truth behind MJ firing ne of the lawyers, research all that.

1580 days ago
14.

Susan    

They keep proving they are greedy leeches and prove over and over why MJ chose none of his family to oversee any part of his estate.

1580 days ago
15.

G    

We love you Michael. One year on it hurts. God bless your children. May they grow up healthy, wealthy and wise.

1580 days ago
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