Michael Jackson’s Family Demands Estate’s Executors Resignation / Estate Responds

What those greedy cubs are doing is starting to border along the lines of elder abuse. It seems even Katherine is only as useful to them a the number of dollars she can fork over. If this vacation thing is true you know that it's being paid for by her allowance from the estate, Janet is too selfish to loosen up her purse strings for anyone but herself.

Katherine is very old, if she does start having health problems I don't see why people would blame the estate for them, it's a natural part of the aging process. I'm sure worrying about how shes going to get more money for her lazy children is taking a lot more years off of her life than anything else.
 
Anyone can see this is NOT about money. Why would Janet sign if it was? This is about some shady business going down with the estate. I'm surprised most fans are even okay that Branca is around these days....the guy was fired in the 90's for a reason.

Gee thanks, but this is just your opinion as a Janet Jackson fan. Your post has been reported.

Btw Janet isn't the only one that signed it. If there is something shady going on and they have proof of it, why haven't the rest of the Jackson clan signed it?
 
We know duke is close to katherine interms of his previous articles and interviews. sounds to me like they took her there to try and talk her into agreeing to support this. a typical jackson family intervention. time will tell if theres any truth to them trying to get her declared not fit. the options are running out for the siblings interms of getting some money.times are desperate
 
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Sources connected with the Estate are now lashing back, telling TMZ they believe Randy and Jermaine (they are not including the others) are strapped for cash and know when Katherine dies there is no way they can get their hands on a penny of MJ's fortune -- that's because all of the money goes to charity and in trust for Michael's 3 kids.

Our sources believe ... Randy and Jermaine are trying to make it appear that Katherine is infirm and may need a conservatorship. And the sources further believe Randy and Jermaine will try and get themselves appointed as her conservators, which would give them access to more than $70,000 a month.


More than $ 70,000 /month! She has more than doubled her allowance since 2010.
I don't believe a minute she spends that amount a month. I know she has to have a receipts to show to probate judge before her allowance in accepted and paid, but it only required few "friends" from family to give some make up receipts, so Katherine can show them to judge. I have no doubt that most of that money goes to some of her loser kids.

I quite don't understand the logic of their plot? If they manage to get Katherine under conservatorship, wouldn't that mean that she is not fit to look after the kids, also the AEG case could be dissolved?
Who is going to look after the kids? None of the them is mentally fit to fill the shoes.

Ivy, help I have a few legal things I'd like to know.

Hypothetical questions:
If the Will is fraud and both Johns are out of the picture, is it safe to say that 1998 Will would be taken into action. The problem is that its the same as the newer one except Blanket is added the latter one. So if both Johns are unqualified they cannot use 1998 Will either, so will Bank of America take over then? Will the trust be disqualified too?
If there is no will at all that cannot be used, would it mean that kids gets the whole pot, and Katherine + charity gets nothing?
Isn't it according to law that kids are the main beneficiaries, and brother will not get any money, or could they claim that Michael supported them too?
 
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I STILL want to know Janet role in this... I mean the woman got money, she ain't broke by ANY means..??

And that is how she would like it to stay... She must have seen how much the brothers relied on Michael for financial support and how much that cost him over the years. Perhaps she knows they will turn to her if there is no other source??
 
Paris tweet sums it pretty well how she's feeling imo...

"Paris Jackso??@ParisJackson
#ThingsIWontForget the goodbye hug he gave me before he left for rehearsal.. last time i saw him"


The Jacksons need to get their shitt together because we have three minor kids that are hurting. Shame on them!!
 
I just saw the Jane Valez Mitchel report on HLN. The reporter named Alan Duke said that last Sunday Janet, Randy, and Rebbie came to Calabasas, picked up Katherine Jackson and took her on vacation to a Spa in Tuczon, Arizona.


Not saying this aint true but Janet is currently in Italy with her BF. This pics was taken on monday (July 16).

0717-janet-jackson-3.jpg


I STILL want to know Janet role in this... I mean the woman got money, she ain't broke by ANY means..??

According to Roger Friedman, Janet was pressured to sign that letter... whatever I mean she still have her own opinions etc and could have bailed if she didnt wanted to.
 
Paris tweet sums it pretty well how she's feeling imo...
The Jacksons need to get their shitt together because we have three minor kids that are hurting. Shame on them!!

Absolutely:cry:
Thank God, Paris still remembers things with dad, she hasn't been brainwashed by Jackson's.
Those brothers are like dirty mudslide, threatening to cover these lovely kids with their filth. I'm so angry.

Not saying this aint true but Janet is currently in Italy with her BF.
Maybe they just took Katherine there and left there, or Rebbie could be staying with her?
 
Im so appaled if that TMZ story I posted is true - that Randy and Jermaine are going around saying Katherine is ill so they can be her conservators and get money. Trying to constantly find loopholes. This is such an outrage. If they do that, Im sure Katherine will lose custody of the kids as well. Imagine that they are willing to portray their own elderly mother as unfit for money. They truly disgust me.

Randy should stop try to hijack the estate and rather go to try to rebuild his relationship with his estranged children.
 
I think the people who plotted and signed this in a panic that the gravy train is about to run dry have made the biggest mistake.

They have been fully exposed from CNN to TMZ. The later will not give it a rest until all stones are turned, but worse, they've shown their true colors to Michael's kids and betrayed their trust. There is no reversing at this point and it will only put the children on alert.

Nothing could be worse than that for them, as those three kids are the ones that will inherit all that wealth they are after. Making enemies out of them is not going to get them a dime once Katherine passes away. They, like their father before them, will only run and avoid them at all costs. I have a feeling Latoya, whose intelligence we tend to undermine and the the other two siblings - Jackie and Marlon- didn't cosign this scheme for that very reason. Their decision was wise.

I don't know how many have noticed this, but I don' think the kids liked Jermaine and Randy from the start. Paris has never followed either of them on twitter, while she follows the rest of her uncles/aunts on twitter. Now Jermaine and Randy can kiss any sort of future relationship with her and her brothers good-bye.
 
Anyone can see this is NOT about money. Why would Janet sign if it was? This is about some shady business going down with the estate. I'm surprised most fans are even okay that Branca is around these days....the guy was fired in the 90's for a reason.

He also fired Joe in the 80's.
He also didn't work with his family for 30 years, with one or two exceptions like HIS 30th anniversary show.


JB was fired in the 90's but he was HIRED back in the 90's.
MJ wrote him in his '97 will in the 90's as his executor.
MJ also worked with him in the 2000's BEFORE TII.

I don't believe JB is a saint by any means. But MJ's family certainly isn't either.


ETA: And if we want to look at who PUBLICLY damaged him more, there's his sister Latoya calling him a child molester all over the place, his big bro Jermaine's jealous "Bad" retaliation, and other family members making him appear as a helpless, mindless, drug addict.

And I don't want to imply anyone is an idiot here, but this letter is ALL about money.
 
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Jermaine in Larry King:
The last time you said -- you were on the show, you -- you said his wishes would be carried out exactly, that you wanted your mother to get custody and did you -- were you happy with the way all this has apparently been resolved?

J. JACKSON: Yes, Larry, the -- there are -- well, Joel -- Joel Katz is the co-counsel and John Branca and also John MacLean (ph). These are people that we've known for many, many years. And they're doing an incredible job. They've raised a lot of money -- close to $100 million -- for the estate. They're following out Michael's wishes accordingly.

And I just said, and I'll say it again, anyone that's trying to contest the will is going against Michael's wishes.

KING: So they -- the judge said, though, that they -- they will have power for another 60 days.

And do you think it's all going to get together with your mother and them?

J. JACKSON: Yes. Well -- well, they're -- they're staying in close communication with my -- my mother. But -- but, again, I feel good because I've known Joel Katz for 30 years and he's a very standup guy. And he's doing a great job.

http://transcripts.cnn.com/TRANSCRIPTS/0908/07/lkl.01.html


Really Jermaine! He says above they are doing incredible for making nearly $100 million, and now that estate has made nearly $500 million, they are no good at all, allow me to laugh:D
 
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Not saying this aint true but Janet is currently in Italy with her BF. This pics was taken on monday (July 16).

He said they whisked her away on Sunday.

He could've also meant that Janet helped to arrange with her being taken on vacation without actually having to be there herself.


Why is Jan involved?... Why was Jan only flying out to the Murray trial just to see Randy Philips testify? I hope she's just as keen for the AEG lawsuit as she was before along with her brother Randy, but suddenly his interest has been diverted, and now I suspect hers will be too.

I've wondered if the kids followed Randy/Jerm on twitter. Paris is close to two of Randy's kids that he never sees, so I've wondered what her perception on that situation was.

^^ Yup, alienating the kids has messed up their scheming. It has also exposed their "concern" over the kids/Kath to be utterly self involved and insincere.
 
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I am so so so glad that Paris is strong and can see straight through this. She was young when she lost Michael but nothing gets past kids and i'm betting she has many memories about over hearing conversations, or see things to do with her uncles so that she always knew that they couldn't be trusted. This girl is going to be a force when she comes of age, she's very intelligent and I think the boys probably are too, and they were so well brought up that once that money is in their hands, there will be no fighting them for it.

This family makes me sick to my stomach...so much so that "2300 Jackson Street" came on my ipod today..a song I usually love and I refused to listen to it. They disgust me.
 
^Bubs post...Well there seems to be no end to their stupidity! They will never succeed in getting their hands on Michael's Estate. Any slim chance of getting Katherine under conservatorship has died with this expose.
 
I believe LaToya and Jackie have established respectful relationships with Prince, Paris, and Blanket; while Marlon
is not quite as money loving as his other siblings
.

Note: Prince and Paris Jackson are dealing directly with the administrators of their father's estate; and they will let their attorney and the judge know what they believe is best for them, Blanket and their grandmother, Katherine.
 
Jermaine in Larry King:
The last time you said -- you were on the show, you -- you said his wishes would be carried out exactly, that you wanted your mother to get custody and did you -- were you happy with the way all this has apparently been resolved?

J. JACKSON: Yes, Larry, the -- there are -- well, Joel -- Joel Katz is the co-counsel and John Branca and also John MacLean (ph). These are people that we've known for many, many years. And they're doing an incredible job. They've raised a lot of money -- close to $100 million -- for the estate. They're following out Michael's wishes accordingly.

And I just said, and I'll say it again, anyone that's trying to contest the will is going against Michael's wishes.

KING: So they -- the judge said, though, that they -- they will have power for another 60 days.

And do you think it's all going to get together with your mother and them?

J. JACKSON: Yes. Well -- well, they're -- they're staying in close communication with my -- my mother. But -- but, again, I feel good because I've known Joel Katz for 30 years and he's a very standup guy. And he's doing a great job.

http://transcripts.cnn.com/TRANSCRIPTS/0908/07/lkl.01.html


Really Jermaine! He says above they are doing incredible for making nearly $100 million, and now that estate has made nearly $500 million, they are no good at all, allow me to laugh:D

Wow...that was BEFORE they learned Katherine wouldn't inherit Michael. And upon her death, everything would revert back to the kids.

Money is truly the root of all evil....No doubt.

I believe LaToya and Jackie have established respectful relationships with Prince, Paris, and Blanket; while Marlon
is not quite as money loving as his other siblings
.

Note: Prince and Paris Jackson are dealing directly with the administrators of their father's estate; and they will let their attorney and the judge know what they believe is best for them, Blanket and their grandmother, Katherine.

When did it come out these minor kids are dealing directly with the estate? Why do you think they have a lawyer ad litem assigned by the probate judge? SMDH

As for your statement on Latoya...No comment.
 
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Note: Prince and Paris Jackson are dealing directly with the administrators of their father's estate; and they will let their attorney and the judge know what they believe is best for them, Blanket and their grandmother, Katherine.

Do you know this for sure that they are dealing directly with the admins?
If yes, that is so good to know that if they have questions or concerns, they can ask directly what bothers them, without any Jackson's involvement.
 
I STILL want to know Janet role in this... I mean the woman got money, she ain't broke by ANY means..??
Opportunities (Let's Make Lots of Money) :)

I don't know how much money Janet has but the fact is luxury living costs and for years Janet didn't had a successful album. Her catalog sales are poor, her last two tours didn't generated much money so her share was rather small; considering boxoffice results I doubt that she made lots of money in Tyler Perry's movies and also because of ageism in Hollywood (particularly big problem for actresses) she can hardly expect some extraordinary well-paid role in the future. Overall regarding cash flow from her primary activities music/tours/movies unfortunately she won't have much success in the future. I don't know but I assume that she cleverly invested money in some other businesses, anyway when you look the whole picture it is impossible to compare her and Michael Jackson's Estate income so just like Randy & Jermaine she probably wants a piece of the pie...
 
Wow...that was BEFORE they learned Katherine wouldn't inherit Michael. And upon her death, everything would revert back to the kids.

Money is truly the root of all evil....No doubt.



When did it come out these minor kids are dealing directly with the estate? Why do you think they have a lawyer ad litem assigned by the probate judge? SMDH

As for your statement on Latoya...No comment.

From July 2
One thing about Katherine, your mother.

Do you think it's proper that she be responsible for the kids?

JACKSON: Yes. I think it's very proper, because the way my mother raised us, the way we know how she's very -- just the love, the joy and making sure that they'll be OK. I thought it was the right choice, clearly.

KING: Age any hindrance -- her age?

JACKSON: No. No, because she has a staff and she's always with all of our kids. There's 23 grandchildren (INAUDIBLE)...

KING: What do you make of the ex-wife possibly seeking custody?

JACKSON: We'll see. Larry, the will is what it is. And the will was really written well. And it was executed by the executors. And they did a great job. It's what it is.

KING: So you don't think she has a shot?

JACKSON: Well, no, no because this is what Michael wanted. If we're looking at Michael and this is all about Michael, this is what he wanted.

-----------------------------------
It is amazing how things changes when there is money on the table.
 
All in all, I don't need to open my telly to watch soap operas. Randy & Co provides all the entertainment and drama anyone could possible ask for. Plots: to get an elderly mother under conservatorship, fight over money from deceased rich brother, brothers accusing executors for fraud will,playboy sister, good sister, sinister brother, senile father, brothers getting involved with the same woman, that woman having children that are brothers and cousins, etc. Thankfully no one has died yet in this drama.
You cannot make this up even you you tried, brilliant plot, only it happens to be true!
 
Opportunities (Let's Make Lots of Money) :)

I don't know how much money Janet has but the fact is luxury living costs and for years Janet didn't had a successful album. Her catalog sales are poor, her last two tours didn't generated much money so her share was rather small; considering boxoffice results I doubt that she made lots of money in Tyler Perry's movies and also because of ageism in Hollywood (particularly big problem for actresses) she can hardly expect some extraordinary well-paid role in the future. Overall regarding cash flow from her primary activities music/tours/movies unfortunately she won't have much success in the future. I don't know but I assume that she cleverly invested money in some other businesses, anyway when you look the whole picture it is impossible to compare her and Michael Jackson's Estate income so just like Randy & Jermaine she probably wants a piece of the pie...

I don't believe Janet has enormous wealth anymore, but I still think she's doing pretty good. She's got endorsement deals like Nutrisystem, and her last tour may not have generated humongous bucks, but all the shows sold out, and production costs were low because she kept it on a small scale.

In Janet's case, I think she's going by the dour picture her brothers have painted for her. She's not even around them that much. She lives out of state, travels extensively with her boyfriend, etc. But Janet really loves her mother, and if she's being fed "mother" has had a mini stroke, AEG is killing her, and Branca is in on it, manipulating mother by increasing their percentages while not giving her what they should and on and and on...I can see Janet believing it all, especailly since she's been a vetertan of the industry herself and knows a lot of the folks in it are unscrupulous.

Plus, Tito. Doesn't he normally stay out of the messes? Well, this time he's climbed aboard too and it might be because he didn't like the grilling he got from AEG and is believing now too, that everybody is in cohoots. So Tito finally signing off on something like this may have further influenced her.

Whatever her reason for getting involved at this juncture, I wish she had thought it all more and not signed that letter.
 
I am keeping in mind that Janet doesn't want to be the one who ends up financially supporting all the cubs.
 
I can see Janet believing it all, especailly since she's been a vetertan of the industry herself and knows a lot of the folks in it are unscrupulous.

Shouldn't she know her family by now? Randy, Jermaine... Just like Michael knew them?

Plus, Tito. Doesn't he normally stay out of the messes? Well, this time he's climbed aboard too

Did he? Although the letter has his name on, but it does not have his signature.
 
Shouldn't she know her family by now? Randy, Jermaine... Just like Michael knew them?

She and Randy are apparently close. They're the two youngest and she tweeted a while ago about having his back or something. She could totally see him with rose colored glasses. Look how they look and rationalize Joe's abuse and his cheating on their mother.

Did he? Although the letter has his name on, but it does not have his signature.

If he didn't sign it, I'd think he'd have made a "public" statement by now or at least one of his sons would have tweeted about it. Jacksons love public statements.
 
I'm really curious about the AEG lawsuit. If they drop it it will be very embarrassing for them after their claims of seeking justice over Michael, all of Randy's obsessive tweeting about it like he gave a monkeys about justice, Janet cancelling tour dates and flying all over the world just to see Randy Philips testify... so why would they drop the lawsuit which would supposedly do that? Very embarrassing. When is Randy's deposition due? And Jermaine's? I want to read both before this lawsuit is dropped. AEG should counter sue them for mental stress and grief and defamation.

AEG is pretty clear that they would go for a summary judgement asking the case to be dismissed because it's meritless. During discovery AEG is been focusing on two things:
1. Asking Katherine what she based her accusations on: The last we have seen (April) it was all hearsay, the stuff we all read on Internet
2. Exploring Michael's history with drugs: The lawsuit claims AEG was the one that hired Murray and dictated that Michael was given Propofol. AEG thinks showing Michael's past relationship with Murray and his past propofol use will debunk this.

AEG has also said in emails they reserve the right to seek damages due to such claims. Even just legal costs would be millions. I think the summary judgement deadline is by the end of the year and unless there's a huge discovery in between, it seems AEG has the stronger hand.


I quite don't understand the logic of their plot? If they manage to get Katherine under conservatorship, wouldn't that mean that she is not fit to look after the kids, also the AEG case could be dissolved?

her conservator takes over her representation.


Ivy, help I have a few legal things I'd like to know.

Hypothetical questions:
If the Will is fraud and both Johns are out of the picture, is it safe to say that 1998 Will would be taken into action. The problem is that its the same as the newer one except Blanket is added the latter one. So if both Johns are unqualified they cannot use 1998 Will either, so will Bank of America take over then? Will the trust be disqualified too?

I have to divide this up

- if the 2002 will is fake, the older will becomes valid
- if the executors have anything to do with fraud / faking of the will, they get removed
- if there's no individual executors left, bank of america takes over

so you have to think scenarios and possible outcomes based on these 3 basic rules.

If there is no will at all that cannot be used, would it mean that kids gets the whole pot, and Katherine + charity gets nothing?

yes.

If a person dies without a will , the next of kin (wife/husband and kids) gets everything, if there's no next of kin then it goes to the parents of the person and if there's no parents it goes to the siblings.

Isn't it according to law that kids are the main beneficiaries, and brother will not get any money, or could they claim that Michael supported them too?

they didn't make the claim that they were supported by Michael - Joe did. and If Katherine was handing out money (as Jermaine said looking after her cubs) there's no way knowing if Michael was supporting them or if that was Katherine.

I think the current and past moves has always been about control of the Estate and/or increase Katherine's share. As we all know the will is only paying for Katherine's expenses while she's alive, she's not inheriting any part of the Estate and she cannot will her part. So if the goal is to get as much money as they can , it must be done when she's alive. Second part is the control, executors get 10% from what they bring it, and we also know that they control Michael's image and likeliness. They did stop many Jackson ventures ranging from the belts, perfume, deals with Mann / Vaccaro and even the tribute.. So trying to remove the executors and replacing them with Jacksons or Jackson family supporter executors might be the play to make money through Michael's name.

Im so appaled if that TMZ story I posted is true - that Randy and Jermaine are going around saying Katherine is ill so they can be her conservators and get money.

You know what I think it might be true. When Katherine's lawyer talked to CNN he said Katherine is of sound mind and totally capable of taking care of the kids. Don't you think it's an odd thing to say when no one was questioning her mind?

Did he? Although the letter has his name on, but it does not have his signature.

tito's signature is under his name, inside of Jermaine's signature. It's kinda hard to see but yeah he signed it
 
Wow...that was BEFORE they learned Katherine wouldn't inherit Michael. And upon her death, everything would revert back to the kids.

Money is truly the root of all evil....No doubt.



The interview with Jermaine saying "going against MJs will would be going against MJ's wishes" aired on August 7 and the will was filed in court just a few days after MJ passed... So the family still didnt know AFTER six weeks that Katherine would only be supported throughout her lifetime?

And look what Randy told TMZ in october 2009

"Randy was reacting to our story yesterday -- revealing that Katherine Jackson's 40% cut of Michael's estate will go directly to MJ's three kids when she dies. That means the kiddies will end up with 80% of the estate -- the remaining 20% goes to charity. So Michael's bros and sisters will inherit nada.

Here's Randy's take:

"The family is fine with it. Who cares about the money? We have enough money. If I cared about the money, I'd be doing a reality show and doing interviews."

http://www.tmz.com/2009/10/13/randy-jackson-michael-jackson-money-katherine-jackson-estate/

:smilerolleyes:

Oh the irony...
 
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