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Michael Jackson: Father Of The Year?

Matt — Wed, 02 Jun 2010 01:56:31 +0000

The unfortunate passing of Michael Jackson left a huge question in every one’s minds, what will become of his kids and their future? Well even though MJ was less than perfect in some ways, he is making sure from the grave that his kids won’t make the same mistake. This is the breakdown of his estate according to the trust that governs his estate.

Breakdown

-Katherine Jackson gets 40% to use
-Paris, Prince, and Blanket get 40% of the estate
-Charity gets the remaining 20%

Now this is where it gets interesting. Paris, Prince, and blanket cannot touch their inheritance until age 30. While they are growing up and in their 20′s the allowance they get is determined by the estates trustees. When they do turn 30 they get 1/3 of their share, 35 they get half, and at age 40 they finally get the full control. This ensures they will not waste the money on silly things and get the money when they are grown. So while MJ didn’t always manage his money the right way…from the grave he is making sure his kids we not make the same mistake.

Jackson’s kids get $33M

Jackson Kids First Autographs Up For Sale

Matt — Thu, 27 May 2010 01:21:41 +0000

Michael Jackson’s kids did something for the first time, they autographed some designer belts to raise money for the Jackson Family Museum in Gary, Indiana. This crystal encrusted belt that is signed by all three kids has their own uniqueness.

Blanket signed his name in the biggest letters, and Prince helped his younger brother by adding the name “Jackson” directly underneath it. Paris signed her name with a little flair, she dotted the “i” with a heart, and made the “r” into a flowing branch.

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How are Paris, Prince, and Blanket?

Matt — Thu, 22 Apr 2010 22:25:45 +0000

According to Rebbie Jackson, the kids are doing well and continue to heal from the loss. Prince, 13, Paris, 12, and Blanket, 8, are happy and have been around a lot of family and are getting better at dealing with the situation. According to Rebbie, “Paris’ birthday was earlier this month. They had a big party. They’re getting out, going to the cinema. They’re happy. Things are settling down. That’s good.”

The court case still is moving forward and the Jackson Estate is not looking to accept any plea bargain by Dr. Conrad Murray, the doctor accused of being negligent in the death of Michael Jackson.

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