Paris Jackson seeks $600 million transfer to family trust as estate dispute continues

Paris Jackson is challenging how Michael Jackson’s estate is being managed.

She has asked a Los Angeles judge to move $600 million into the family trust, which benefits her and her brothers, Prince and Bigi.

Her filing says the trust has not been funded more than 17 years after their father’s death, while the estate had about $850 million in cash and cash equivalents at the end of 2024.

Estate executor John Branca’s lawyer, Marty Singer, says Branca turned around a business that had been about $500 million in debt and that beneficiaries have already received $200 million.

The estate says legal hurdles must be resolved before the trusts can be funded, including an ongoing tax dispute in which the US government sought about $700 million in taxes and penalties.

A transfer would not mean the siblings receive $600 million immediately; under the trust terms, they begin receiving principal at 30, with further instalments at 35 and 40.

A hearing is scheduled for December 4 to consider Paris’s request.