JichaelMackson
Proud Member
- Joined
- Feb 23, 2020
- Messages
- 693
- Points
- 0
I use that word in discussions and I see it here a lot as well. I know it's responsible for future projects but when was it established and who is (in) it?
JichaelMackson;4288049 said:I use that word in discussions and I see it here a lot as well. I know it's responsible for future projects but when was it established and who is (in) it?
Estate administration is the process that occurs after a person dies. During this process, a person’s probate assets are collected, his or her creditors are paid, and then the remaining assets are distributed to his or her beneficiaries in accordance with his or her will. Probate assets are all assets that the decedent owned, in his or her name alone, when he or she died. If a person left a will, the will determines the distribution of those assets.
In order to determine who the decedent selected to administer his or her estate, locate the decedent’s will. The person named as the administrator must file the will with the court and petition to open the process of probate.
Not trying scare anyone. but what would happen if they die in the future?
NatureCriminal7896;4288066 said:Not trying scare anyone. but what would happen if they die in the future?
We'd be a lot better off as MJ fans quite frankly lol.
NatureCriminal7896;4288069 said:I'm not either. i'm worry who would take it then? his kids? the family?
I dont think thats what he meant. He meant that the estate as we know it in terms of how it is managed run should "die". Not the people running it. I agree. We would be in better hands if other people (his kids/brothers) were in charge imo."Fans would be better off if McClain and Branca were dead."
Not gonna lie to you, this is messed up.
I dont think thats what he meant. He meant that the estate as we know it in terms of how it is managed run should "die". Not the people running it. I agree. We would be in better hands if other people (his kids/brothers) were in charge imo.
mj_frenzy;4288095 said:John Branca or John McClain can appoint another executor of the Estate (as a replacement for the deceased executor).
But, Janet Jackson is not suitable for becoming an executor of the Estate because:
Firstly, she lacks the legal experience and qualifications in order for her to successfully run the numerous and complex matters of the Estate.
And secondly, becoming an executor requires the time commitment factor, and certainly she has not time to devote on the Estate’s matters considering that her career as an artist takes up already a lot of her time (concerts, albums, etc).
I know that some of the Jackson siblings are dissatisfied with certain things that these two current co-executors did, but so far John Branca and John McClain generally have been handling the Estate’s matters effectively.
ScreenOrigami;4288068 said:I’m not pessimistic by nature, but I can tell you that they will die in the future.
We all gonna die. what makes it different if they die and we die? i don't like jokes like that and if we joking then some people gonna go my block list. i don't do hate at all.
Wait? bank of america runs half of Michael estate?
No. If for example both died and they hadnt named anyone else to take over then the bank would become executors.
All I know is, I don't wanna die before I've heard the true gems from the vault!
So you mean a bank would take his estate?
No they would become executors as mj requested