Jackson Assets Worth $1Billion Dollars
STREET KNOWLEDGE MEDIA —
Whoa.Reading this story is just amazing. Michael Jackson was an industry onto himself and we will never see anything like this in a hundred lifetimes. This article is about any potential will that Michael left but none have been proven legit so the legal wrangling is just beginning. Picture 4 via WSJ Unwinding Mr. Jackson’s estate is likely to be a thorny challenge, given the size and complexity of both the assets and the debts involved. In all, Mr. Jackson died with around $500 million debt, but the value of his assets probably outweigh that, possibly by $200 million or more, ...
SJP's Twins, Britney's New Look, Chris Brown's Sorta-Apology [Dirt Bag]
Jezebel —
... ] A will drafted by Michael Jackson in 2002 may be released this week. [ WSJ ] " Michael Jackson 's Last Art Purchase." A wicked witch painting. [ ...
I, Michael Jackson, Being of Sound Mind and Reconstructed Polymer Body
CelebNewsWire —
One thing has been really bothering us about Michael Jackson's death. And that's the thought of how Dove Lady from his kid-diddling trial is holding up. Is she self-flagellating? Is she on a hunger strike? Has she crawled inside a cage to weep and coo sadly? While we ponder her fate, here's the latest on the media happily picking their teeth with MJ's bones.
The Wall Street Journal (classy!) says that Michael's most recent will is from 2002:
A will drafted by Michael Jackson in 2002 divides the singers ...
The Latest Michael Jackson News, From His Will To His Secret Final Project
The Frisky —
... ‘s estate has begun. In his will written in 2002, Jacko didn’t leave a cent to his dad, Joe. Instead he’s givin’ it all to his mom, kids, and a few charities. The custody arrangements are a little foggy so, for now, the kids are staying with their grandmother. [ Wall Street Journal ] The National Enquirer continues to be dead on (oh God, bad pun) with their reporting. In January 2009 they ran the coverline, “Michael Jackson—6 Months To Live!” Yikes. [ ...
Michael Jackson’s Will Cuts Out Papa Joe?
Hot Momma Celebrity Gossip Blog —
... one of his business ventures. It showed his true colors.
Michael’s estate reportedly carries about $500 million in debt, but remaining assets are thought to total around $200 million.
His major assets, include a 50 percent stake in Sony/ATV Music, Mijac, a publishing catalog of his own music and the master recordings of his albums, which will revert to Jackson estate within five years.
The 2002 will is expected to be filed in court sometime this week.
Source ...
Joe Jackson Left Out Of Michael's Will
X17 Online —
jackdad630.jpg Yesterday, Michael Jackson's parents Joe and Katherine sought control of their son's estate, claiming in court docs that Michael died without a will; however, just a few hours later, a will from 2002 surfaced, and surprisingly, Joe was not named as an heir. According to the Wall Street Journal , the document divides Jackson's estate between his mother, his three children and at least one charity, but there is no mention of his father. So was this really the final draft? And why would Jacko leave his dad out?
MJ Will Found?
Pollstar —
... Deborah Rowe, was not the biological mother of Jackson’s oldest two kids – Michael Jr. and Paris. Instead, TMZ asserts that Rowe was a surrogate mother. Furthermore, TMZ also claims Jackson wasn’t the father of his youngest child, Prince Michael II. Jackson never identified PM II’s mother. And if that’s not confusing enough, Jackson never legally adopted his three kids, which could lead to further legal complications if the singer wasn’t their biological dad. Click here for the Wall Street Journal article (subscription may be ...
Jackson's Will In Review
Celebrity gossip juicy celebrity rumors Hollywood gossip blog from Perez Hilton —
... However, there is a push from Jackson's lawyer to file the paperwork as soon as Thursday, so that the singer's family is properly taken care of as well as have his debt handled. ...
Michael Jackson’s Dermatologist is the Biological Father
mjsbigblog —
... Plus, the Wall Street Journal reports that a will from 2002 that divides his estate between Jackson’s mother, children and charities, but does not include his father. Reportedly, two other wills have also surfaced, while Michael’s parents claim ...
Michael Jackson’s dad gets nothing
The Blemish —
... Although lawyers claim no will exists, an early draft of Michael Jackson’s will from 2002 revealed that Jackson planned on dividing his estate between his mother, three children and at least one charity. Notably absent from the will is Joe Jackson, Michael’s dad. Probably because he does douchey things like ...
Michael Jackson’s Body Heads to Neverland for Public Viewing
Rolling Stone : Rock and Roll Daily —
... In other Jackson news, CNN reports that Jackson family lawyer Londell McMillan said that they’ve located a Michael Jackson will dating back to 2002. However, according to the Wall Street Journal, it is unclear if the unearthed will is the latest version. According to the WSJ, the 2002 will leaves Jackson’s assets to his three children, his mother Katherine and various charities, but nothing to his father Joe Jackson. ...
Strange Questions Emerge About Jackson's Children, Finances
TVGuide.com: Breaking News —
... As his parents sought control of his estate, The Wall Street Journal reported Tuesday that Jackson's most recent will, written in 2002, divided his estate between his mother, three children and charities, apparently cutting out Joseph Jackson, the father with whom he had a strained and tumultuous relationship. ...
Jackson’s Will Leaves Out Abusive Father
TFL Scandalist —
... Michael’s parents both claim that he died without a valid will. With a legal battle surely on the horizon, one would think that father Joe would be on his best behavior — or at least refrain from trying to promote his record company at the BET Awards three days after Michael’s sudden death. [Source: Wall Street Journal; Photo: AFP] ...
Michael Jackson Will Cuts Out Father; Public Memorial Scheduled at Neverland Ranch Friday
The Hollywood Gossip —
... draft for a final testament surfaced yesterday.
The 2002 Michael Jackson will, believed to be his most current, reportedly left his estate to his mother, Katherine Jackson, along with his three children - Michael Jr., 12, Paris, 11, and Blanket, 7 - and at least one charity.
Whether Arnold Klein allegedly being the biological father of the elder two and Jackson never formally adopting them becomes an issue is uncertain.
Jackson's father, Joe Jackson, wasn't listed as an heir.
Whether Joe's omission was deliberate is unclear, ...
Public Viewing of Michael Jackson Planned, Tribute Concert Afoot?
Daily Noise Blog | SPIN.com —
... According to the Wall Street Journal , the 2002 will leaves Jackson's assets to his three children, his mother, Katherine, and various charities, but entirely excludes his father Joe Jackson. ...
[video] 50 Cent – “Ok You’re Right”
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