Michael Jackson - Page 31

steppemaster · 07-06-2009, 11:13 AM

Quote:

Originally Posted by steppemaster

Menntioned only briefly in passing on Access Hollywood last night--that Katheryn Jackson is "Challenging" Michael's will because of who he chose to be the trustees for the Michael Jackson Family Trust.

There was no additional info and no names were mentioned.
Has anyone heard anything about this challenge at all?
Thanks for any info.

ETA--on one of the morning news shows it was said that Kathryn Jackson is challenging Michael's will on the basis of who he chose to be the EXECUTORS of his will.

A very risky move IMO.

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buglover · 07-06-2009, 11:28 AM

I think the challenge has to do with the fact that the will is so old. Some of the executors may or may not even be associated with his empire anymore.

steppemaster · 07-06-2009, 11:53 AM

The more I think about it the odder the challenge seems.

Most people would not challenge a will that gave them 40% of a half BILLION dollars. If the math part of my brain is working today--that's about 100 million dollars.

I wonder what's really going on?

prhoshay · 07-06-2009, 12:52 PM

Obviously this is about more than just money?

Bearcata · 07-06-2009, 02:09 PM

I heard on the news that some lawyers are challenging Michael's last will which is 7 yrs old. That the Jacksons are not challenging it as there are very favorable terms for them in it. Looks as if some lawyers want control of Michael's assets as they are supposed to be worth half a billion dollars. Don't worry after the lawyers take their fees and supposedly Michael's 400 million dollars of debt is paid there will not be anything left.

Deborah Rowe was given 8.5 million for the 2 children, why is she in debt now??

J.D. · 07-06-2009, 02:46 PM

I'm having a hard time deciding whether someone should contest his will. I can see it if the motives are that those who were involved at the time may not be relevant anymore, but if the motive is to get that control - I'd question that. Like if it were Joe....

As for the kids, I think this is going to be so hard on them. They've been kept out of sight their entire lives and now they are going to be tossed into the public. I hope they don't become three more Michael Jacksons. He was so unhappy for that very reason. Boy are those kids beautiful! Although they look like they are all from the same parents - whomever that may be.

ClosetRTWatcher · 07-06-2009, 02:59 PM

Quote:

Originally Posted by J.D.

As for the kids, I think this is going to be so hard on them. They've been kept out of sight their entire lives and now they are going to be tossed into the public. I hope they don't become three more Michael Jacksons. He was so unhappy for that very reason. Boy are those kids beautiful! Although they look like they are all from the same parents - whomever that may be.

Interesting. If Debbie Rowe was impregnated through invitro (and I have no idea how she claims to have been impregnated), maybe there were additional embryos created. If so, one of those could have been implanted in the other surrogate and all three of the kids could have the same biological parents. It seems as plausible as anything else in MJ's life...

norealityhere · 07-06-2009, 03:23 PM

The news this morning said that the judge was removing Katherine from being the temporary executor / executrix of MJ's estate. Judge is giving that role to the attorneys named in the will - Branca and the other one whose name escapes me at this moment.

J.D. · 07-06-2009, 03:27 PM

Quote:

Originally Posted by norealityhere

The news this morning said that the judge was removing Katherine from being the temporary executor / executrix of MJ's estate. Judge is giving that role to the attorneys named in the will - Branca and the other one whose name escapes me at this moment.

I can't believe how fast this is all going. Anything not Jackson-related takes forever to get to probate court. And it's just begun.

Did that order affect anything with the children and custody?

norealityhere · 07-06-2009, 03:46 PM

Katherine had petitioned to be executrix of estate Before the existence of the will was known. The judge determined that MJ was of sound mind, etc. when the will was drawn up and so he named Branca and McCain (the 2 attorneys at time of the will) as the executors. Katherine has still got temporary custody of the kids. That has not changed.

07-06-2009, 11:28 AM	#302
buglover Searching for inner peace Join Date: Mar 2004 Location: CA Age: 35 Posts: 11,707	Re: Michael Jackson is Dead at 50 yrs. of age I think the challenge has to do with the fact that the will is so old. Some of the executors may or may not even be associated with his empire anymore. __________________ In my own little world.

07-06-2009, 11:53 AM	#303
steppemaster FORT Fogey Join Date: Jul 2008 Posts: 1,229	Re: Michael Jackson is Dead at 50 yrs. of age The more I think about it the odder the challenge seems. Most people would not challenge a will that gave them 40% of a half BILLION dollars. If the math part of my brain is working today--that's about 100 million dollars. I wonder what's really going on? Last edited by steppemaster; 07-06-2009 at 12:19 PM.

07-06-2009, 12:52 PM	#304
prhoshay Signed, Sealed, Delivered Join Date: Jan 2003 Location: Right Here, Right Now Posts: 13,795	Re: Michael Jackson is Dead at 50 yrs. of age Obviously this is about more than just money? __________________ "...each affects the other, and the other affects the next, and the world is full of stories, but the stories are all one." - Mitch Albom, one helluva writer You are the only person responsible for your happiness.

07-06-2009, 02:09 PM	#305
Bearcata what a strong finger Join Date: Apr 2004 Location: the edge of the beltway Posts: 8,053	Re: Michael Jackson is Dead at 50 yrs. of age I heard on the news that some lawyers are challenging Michael's last will which is 7 yrs old. That the Jacksons are not challenging it as there are very favorable terms for them in it. Looks as if some lawyers want control of Michael's assets as they are supposed to be worth half a billion dollars. Don't worry after the lawyers take their fees and supposedly Michael's 400 million dollars of debt is paid there will not be anything left. Deborah Rowe was given 8.5 million for the 2 children, why is she in debt now?? __________________ "When life gives you lemons, squirt lemon juice in your enemy's eyes."

07-06-2009, 02:46 PM	#306
J.D. Lucky Strike Join Date: Jul 2003 Location: Ossining, NY Posts: 2,783	Re: Michael Jackson is Dead at 50 yrs. of age I'm having a hard time deciding whether someone should contest his will. I can see it if the motives are that those who were involved at the time may not be relevant anymore, but if the motive is to get that control - I'd question that. Like if it were Joe.... As for the kids, I think this is going to be so hard on them. They've been kept out of sight their entire lives and now they are going to be tossed into the public. I hope they don't become three more Michael Jacksons. He was so unhappy for that very reason. Boy are those kids beautiful! Although they look like they are all from the same parents - whomever that may be.

07-06-2009, 03:23 PM	#308
norealityhere Remembering Zac Join Date: Jul 2008 Posts: 3,522	Re: Michael Jackson is Dead at 50 yrs. of age The news this morning said that the judge was removing Katherine from being the temporary executor / executrix of MJ's estate. Judge is giving that role to the attorneys named in the will - Branca and the other one whose name escapes me at this moment. __________________ To Thine Own Self Be True

07-06-2009, 03:46 PM	#310
norealityhere Remembering Zac Join Date: Jul 2008 Posts: 3,522	Re: Michael Jackson is Dead at 50 yrs. of age Katherine had petitioned to be executrix of estate Before the existence of the will was known. The judge determined that MJ was of sound mind, etc. when the will was drawn up and so he named Branca and McCain (the 2 attorneys at time of the will) as the executors. Katherine has still got temporary custody of the kids. That has not changed. __________________ To Thine Own Self Be True