I've got this from another blog.
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The Truth
Michael Jackson final will a part of the Murder Conspiracy
Michael Jackson was in Harlem July, 6th, 2002.
Michael Jackson speaks out against the then CEO of Sony Music, Tommy Mottola, in Harlem, New York on July 6th 2002
July 7, 2002 Michael calls Tommy Mottola a racist
Multiplatinum singer Michael Jackson, already feuding with his record company, charged Saturday that the recording industry was a racist conspiracy that turns profits at the expense of performers — particularly minority artists.
Michael was in New York City with Johnnie Cochran Jr. and Al Sharpton on 6 July 2002. If a will was made in fear of these battles with Tommy Mottola and Sony, why make a will with incompetent people and he when had Johnnie in his corner. He had to consult with him. Trace Michael from New York City on 6 July 2002. This is 2:00 pm New York City time and he had to take a 6 hour flight which means he had to leave New York City by about 6 am Monday to California to go straight to them. Do you buy this? I smell a fish.
The alleged will was executed 7 July 2002 at 5:00PM in Los Angeles
I am tired of hearing how much the Beatles catalog is worth, upwards to $1 Billion. Michael sold close to 800 Million records and is the hottest thing in music since himself. So why we do not we hear about the Michael Jackson catalog and its value?
Did you know Michael has a trademark on his name with the United Sates Trademark and Patent Office? I mean how much is the name Michael Jackson worth. I mean from the 200 songs unreleased to the possibility of a Michael Jackson museum. Any business done is his name has to be approved, unlike Dr. King for example whose family waited years to copyright his material and still may not have trademark the name Dr. King, any commercial use of Michael’s name has to respect the trademark.
The name Michael Joseph Jackson ® can be worth billions over the years. Michael intellectual property should not be undervalued and if so the undervalued assets should be what the Jackson family swipes up. I take the Michael catalog over a Beatles catalog any day as far as the bang for the buck and the name Michael Jackson ® cannot be worth a penny under one billion dollars. The Jackson family has to be aware of how his estate is valued and go for the bang for the buck and perhaps let go of the over-valued stuff to pay off the debts, to keep some liquid capital. I am sick of hearing about the Beatles their fan base has all the money now but is the over the hill gang. They are the baby boomers and will soon fade away. If the Beatles is worth 1 Billion Dollars Michael catalog has to be worth 3 Billion Dollars, his catalog has longevity as some is yet to be realized by the public.
What Happens if You Don’t Have a Will or Trust?
If someone dies without a will or trust, they die “intestate” and the laws of intestate succession are used to determine who will inherit the estate. In California, who will receive the estate depends on answering a series of questions about the person who died.
This is my position mother Katherine Jackson can take custody of the trust because the will in invalid, therefore the named trustees are not valid, and she can choose the charities to donate to and not those crooks.
Because if he is intestate he had not only no will but no trust. Michael Joseph Jackson had a trust which gives Mother Katherine and the children a 40% to 40% split and 20% to charities to be determine later. Therefore she should withdraw the motion to probate the estate as intestate and recognize the trust but not the trustees as named in the invalid will.
This means she will be the trustee and can choose how to best distribute the charitable contributions, in the best interest of her family. We are talking about $100 Million in discretionary funds, that can be used to support causes that they find close to them and not those crooks claiming to be the trustees in a clearly invalid will. Not only that but the $100 Million can be invested and turned over prior to being donated. And all of this should be to mother Katherine’s desecration.
On page four there is major error. OK the will should end with the witnesses’ signatures that is not shown but assumed to be in the empty space.
Here is where they screwed up, on page 4 it says on section VIII and I quote:
On the date written below, Michael Joseph Jackson, declare us the undersigned…
Problem the date is above the name Michael Joseph Jackson, I believe Michael dead intestate. Furthermore he signs his initial on each section or page, but not his full initials MJJ, which is his trademark, he signed MJ we have to ask why? Was he under duress? Was a gun to his head? Was this his way of telling us something is wrong?
And the optional provision concerning said initials was not mentioned in the will at all. Usually when you use this provision it is stated or at least should be assumed that any section absent of it is not valid. Is a partial initial a valid authentication?
I smell a fish; I would contest the will if it is not in the family favor. His estate should go to his family under the law of having no will.............
Under the law of intestate a child is either a person who is your biological child or was legally adopted. In this case neither criterion qualifies.
Another Problem
Bear with me it has been a while since I studied Estates, Trusts and Wills. What I do not understand is why they closed the will saying they know Michael is in sound mind and bunch of unnecessary bullshit about not being under duress; let me show you how it should have been done:
I, so and so a resident of so and so, California, being of sound mind and memory and at least eighteen (18) years of age, do hereby make, publish and declare this to be my last will and testament, hereby revoking all prior wills and codicils at any time heretofore made by me.
Notice the most important point about this bullshit will, Michael has to make the statement that he is of Sound Mind and Memory and not them saying he is of sound mind to the best of their knowledge, Michael could have been high on drugs for all they knew. This was not the work of a competent lawyer.
Michael declared that Debbie Rowe was not his wife and he had three children and his mother is the guardian of his three children. He intentional omitted to provide for Debbie Rowe and basically he created a trust called the Michael Jackson Family Trust.
It is said that his Mother Katherine Jackson is the beneficiary of the trust and his children are included in the will. What does this mean to me?
What I believe Michael created was what is called a testamentary trust, which is trust created by a will and takes effect when the settlor (testator) dies. Therefore the trust was established in 2002 but now that Michael has deceased it takes effect. Therefore his mother has the right to immediately take control of the estate, but where is the death certificate to probate the will?
Now Mother Katherine is the beneficiary basically meaning she will receive control over the trust. My understanding of what is being said is basically Michael invested his assets in order to gain greater value and basically assigned his mother as the agent to control the distribution probably of the income and value of said assets to his family as defined in the trust.
He setup something that his siblings cannot destroy by living extravagant or wasteful lifestyles. The bottom line is he provided for his family in a way that they may never hurt for anything but cannot do everything that crosses their minds and destroys the estate he built. I believe the Michael Jackson Family Trust; will continue to grow for many years to come. Michael Jackson will last as long as there is an United States of America. Encore!
MJJ Last Will and Testament
I am just curious about something and will be straight to the point. They say Michael Jackson owes about $80 Million in estate taxes known as death taxes. This mean he has about 10 months for his estate to pay this to the federal government. This also mean that Michael’s estate exceeds a net figure of a minimum of $3.5 Million, but more like $200 Million after debts are paid.
In his Final will they are now going by it requires that his debts to be paid prior to his beneficiaries are to receive their settlement, which is a very good protection mechanism. Here is my question why are they being offered a stipend while all the wheeling and dealing takes place to settle the estates debts, when the death tax exempts $3.5 Million from taxes.
Here is my point if they owe death taxes his estate exceeds $3.5 Million net after taxes and other debts. Therefore Michael’s child and his mother who are the beneficiaries already have $3.5 Million that belongs to them minus 20% to charity. This comes out to 40% to the children and 40% to Mother Katherine or $1.45 Million to the Children and $1.45 to Mother Katherine and $600,000 to a charity to be held in escrow. I might be wrong but I doubt it, the Jackson Family has a RIGHT to $2.9 Million immediately after it is established Michael owes even one dime in estate taxes, because it is therefore established his estate exceeds $3.5 Million after all debts are paid. They (the court) has no right to withhold this money from this family. And Katherine has the right to do with her share of the money as she pleases this is about control and it is wrong.
http://frankpaulgamb...-and-testament/