Gaiaschild
Proud Member
- Joined
- Jul 25, 2011
- Messages
- 650
- Points
- 0
Who stands to make the most money from Michael's death? To you that are better able to follow the complexity of finances, could you shed some light on this for me please.
The Michael Jackson estate will benefit the most.
I was hoping for more specific information, on who will benefit financially from his death ie sony and AEG and how much they will make? as well as what is debts are? I think he has 300 million debt, if that is true, but his sony catelogue is worth 4.5 billion, although the media report it as being worth 500 million and wonder what MJ value truly is?
It looks like it may take years to sort out and the family may not get any money until then when it is all sorted and I don't understand why that is. Katharine Jackson is on social security benefits which surprised me and relied on Michael financially.
Who stands to make the most money from Michael's death? To you that are better able to follow the complexity of finances, could you shed some light on this for me please.
I was hoping for more specific information, on who will benefit financially from his death ie sony and AEG and how much they will make? as well as what is debts are? I think he has 300 million debt, if that is true, but his sony catelogue is worth 4.5 billion, although the media report it as being worth 500 million and wonder what MJ value truly is?
It looks like it may take years to sort out and the family may not get any money until then when it is all sorted and I don't understand why that is. Katharine Jackson is on social security benefits which surprised me and relied on Michael financially.
SONY(Who worked against MJ 24/7 and djeated him out of 100s of millions in royaltires- this is why his albums were rarely recertfied)
AEG(partners with SONY in this plan)
Branca(The Fixer SONY double agent whom MJ fired and did not trust)
Rowe(If Katherine "dies")
Jackson was not "300 million is debt" this is another lie from the media. MJ had nearly paid of the loans from the three trusts he created. His share of S/ATV was worth more than 3 billion and MiJAC is worth over 500 million!
This does not include the other hidden assets such as Sony Pictures, Realestate and much more.
Hemlock and Moth2aFlame, you two need to be part of the Investigative unit that officially bring down the murders. Damn! If I was rich, I would hire you to find the killers and bring them to justice! Straight up.
Or better yet, maybe you both can be on headlines news, cnn, foxnews or any other media outlet that has some fool on there talking nonsense about Michael and getting purposely away from the facts.
Your research and info would blow the lid right off!!!!!
SO True ! ! !
Right Now the EXECUTORS benefit ENTIRELY because NO ONE BUT THEM KNOW WHO
HE REALLY OWES (and dont forget alot of his DEBT is because the Accountanting Firm he
SUEd didnt PAY HIS BILLS) so no one BUT THE EXECUTORS know EXACTLY HOW MUCH
MONEY he has, they may reveal he has 400 million $$$ when he really has 900 Million and
they are the ONLY ones who know WHERE ALL OF MICHAEL JACKSON MONEY IS (Hidden
Assets) and they can reveal or hide what they want, its just AWFUL these two CHALATANS are
in CONTROL, they can bankrupt his ESTATE in FIVE YEARS and leave these 3 children
DESTITUTE, all they have to do is continue to conspire with creditors and pretend to pay them
and exhaust all his Funds, and head for the PROPERTY and CATALOGS, the FAKE WILL IS
WHAT MICHAEL's DEATH (MURDER) is ALL about the WILL is EVERYTHING, MICHAEL
JACKSON WOULD NOT BE DEAD IF ANYONE ELSE HAD A COPY OF HIS WILL.
Hemlock and Moth2aFlame, you two need to be part of the Investigative unit that officially bring down the murders. Damn! If I was rich, I would hire you to find the killers and bring them to justice! Straight up.
Or better yet, maybe you both can be on headlines news, cnn, foxnews or any other media outlet that has some fool on there talking nonsense about Michael and getting purposely away from the facts.
Your research and info would blow the lid right off!!!!!
To be honest, I don't think Michael even knew how much he was really worth little own his "EXECUTERS".
Just my thoughts.
His family are the ones who will receive the most money - and the most straight out profit. .
True
thats why they won't contest the will......cause when Katherine passes, she will directly hand the money over to her surving 8 kids.....
so its a 5% share each! not bad, hey
I don't mean to offend here either but I don't think anyone knows that, including you.First I dont mean to offend so please dont take it that way, but I dont think you get whats happeining HERE, THE JACKSONS WILL NOT GET THE MOST AS LONG AS JOHN BRANCRA IS IN CONTROL, BECAUSE JOHN BRANCRA FROM THE DAY THE JUDGE AWARDED HIM OVER MICHAEL'S ESTATE HAS already moved over half of Michael's Money into hiding, so I dont know if you know that and playing DUMB or if you really dont understand what is happeining.
I don't mean to offend here either but I don't think anyone knows that, including you.
How do you 'know' that John Branca has moved over half of MJ's money into hiding? What are you basing that on?
I'd say it's unlikely (to say the least), based on the fact that the judge oversees all major transactions involving the estate, that attempting to do what you suggest he's doing would leave a glaringly obvious trail, and that he could and would be prosecuted for doing it.
But just say I went into one of your Relatives house in a Foreign Country because you hired me to because you where to afraid to go, its a hostile environment with many murders accurring right on the street, but you know your relative has money and valuables hid in that house that only you and he knew where it is, I go and bring back 100million but I found 800million, I just robbed you of 700million dollars and you are non the wiser.
I hope his kids will benefit the most.
The simple point I'd make, Moth2aFlame, is that just because you can't know whether someone is doing something bad doesn't mean they are doing something bad.
I mean, take your example:
And what if you really only found 100 million? Should everyone just assume you robbed me of 700 million because you could, theoretically, have found more and stolen it? Of course not.
It is theoretically possible for Branca to abuse his position of executor, but that doesn't mean he will. On top of that, there are limits to any such abuse - Branca might know more about MJ's finances than other individuals, but there probably isn't much, if anything, that only he knows about. The activity required to steal assets would be noticeable - with the amount of scrutiny on MJ's estate, there's no way he'd get away with it.
Additionally, he'd be wide open to legal action if he mismanaged the trust in his position of trustee. So, e.g., if he undervalued the Sony/ATV catalogue and sold it direct to a single party, he'd be sued before you could blink.
We don't have the details of the trust, so we don't know what other conditions and stipulations there might be in that, but on balance, I don't think there's any real reason to think Branca is stealing or planning to steal from the estate. He'd not only have to be a morally bankrupt felon to do that, he'd have to be an idiot as well, and I don't think there's anything in his history to suggest that's the case.
I mentioned this elsewhere, but I really don't think that's likely.I don't really trust the will because Michael fired all those people in 2002, dilelio branca and mcclain and he must have made another will.
I mentioned this elsewhere, but I really don't think that's likely.
If there's a newer will, where is it? Why hasn't whoever has it come forward?
Replacing Branca, etc., as executors would also require replacing them as trustees, or a new trust. Why doesn't that appear to have happened?
A new will would have had new executors. Who? It seems unlikely MJ would have appointed them as executors without checking they were willing to do it - so where are they?
Even if, for some reason, MJ didn't tell the new executors about the new will, it would still have to have been witnessed by people, presumably other than the existing executors. Where are those people?
It doesn't seem possible that a new will could have been suppressed by anyone with a motive to do so, given that it would have been out of their hands and they may well not even have been aware of its existence.
It seems rather more likely that this is a genuine will and while MJ stopped working with Branca, etc., on a day-to-day basis he still felt they were the most suitable people to fulfill this role.
Honestly? I think it's a heck of a lot more likely that MJ named Diana Ross as backup guardian in his will than it is that someone faking a will thought "Hey, I'll put Diana Ross in here!"So you think since Michael Loved John and Diana Ross so much that after she got caught driving around drunk in Arizona that he would still leave his children in her vehicle and care, I dont believe Michael Jackson EVER had Diana Ross in his WILL, that was a draw on time used by these FAKE WILL Producer to Associate.
That doesn't make sense. If MJ created a new will replacing Branca because he didn't trust Branca he'd hardly entrust it to Branca.John was with Michael from 80s until 2006 when he was fired I would say John had all of Michael's Will up until 2006 when Michael move to Brahran, so its not UNLIKELY John was in possession of ALL and any new Will of any year from the 80s until 2006 and maybe thats why they cant come forth JOHN has them all
Honestly? I think it's a heck of a lot more likely that MJ named Diana Ross as backup guardian in his will than it is that someone faking a will thought "Hey, I'll put Diana Ross in here!"
That doesn't make sense. If MJ created a new will replacing Branca because he didn't trust Branca he'd hardly entrust it to Branca.
Unless he was getting extraordinarily bad advice, that's not at all likely. In California, leaving everything to a trust is the right thing to do in many circumstances - as well as ensuring privacy, it allows you to retain some degree of control over your assets via the trust's conditions, it avoids some potentially huge estate taxes (especially down the line) saving your heirs a lot of money (in MJ's case, millions), and it gives protection from lawsuits against your heirs (generally speaking, if the assets are in trust, a lawsuit against a beneficiary of the trust can't claim assets from the trust itself).I believe 100% Michael Jackson in his REAL WILL left EVERYTHING to no one but Joseph and Katherine Jackson.
............... So the question is and I know plenty people know WHO WAS MICHAEL's ATTORNEY after he fired John Brancra in 2006???
Interesting to read Aengil's and Moth2aflame's posts. Both raise good points. I know what you mean Aengil about why wouldn't people come forward if they were involved in a more recent will for Michael. What if these people were the same ones working on the 2002 will and Michael still used them but they didn't like what he had come up with in his more recent will? So trashed it and used the older 2002 will? I'm not saying that is definitely what I believe, its just one of the many theories that could be...