Entertainment · Celebrity · 2 hrs ago

Paris Jackson seeks $600 million transfer from her father's estate

Paris Jackson seeks $600 million transfer from her father's estate

Paris Jackson is asking a Los Angeles judge to order a $600 million transfer from her late father Michael Jackson’s estate to a trust for her and her brothers.

In a petition filed on Oct.

29, she alleges that the trust remains unfunded, even though the estate has generated billions of dollars.

She accuses estate executor John Branca of controlling when the siblings receive money and says their payments have been smaller than those set out in their father’s will.

Branca’s spokesperson is quoted as responding, but the available statement is incomplete.

Michael Jackson’s will set out a schedule for his children to receive trust money, including one-third of the principal at age 30, another portion at 35 and the remainder at 40.

The dispute matters because the requested transfer could fund the trust intended for the three siblings, while also challenging how the estate is being managed.

A judge will need to consider Paris’s request; the petition says the estate can fund the trust while meeting its obligations.

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What people are saying

Paris Jackson’s petitionCourt filing by Michael Jackson’s daughter
This course of conduct and administration should not continue
via Page Six
iron grip
via Page Six
scorched earth litigation
via Page Six
Michael Jackson Estate spokespersonSpokesperson for the estate
Ms. Jackson’s counsel is well aware that the Estate is prevented from fully funding the charitable foundation and the individual trusts for the beneficiaries until several
via Page Six