Paris Jackson demands 600 million dollars from Michael Jackson's estate
Paris Jackson has petitioned a Los Angeles court to force the executors of her father Michael Jackson's estate to deposit 600 million dollars into the family trust. While the estate maintains that they have already distributed over 200 million dollars to the heirs, the family argues that significant funds are still missing despite ongoing revenue from the late singer's assets.
Paris Jackson has formally requested a Los Angeles court to compel the executors of Michael Jackson's estate to transfer 600 million dollars into the Michael Jackson Family Trust. According to the petition, the trust, which is intended to provide for Paris and her two brothers, Prince and Bigi, has not been properly funded more than seventeen years after the singer's passing. The family claims that significant income generated by the estate through music rights and assets since 2009 should be distributed according to original agreements, which include payments starting after the children turned twenty-one.
In response, the estate executors have rejected the claims, describing the allegation that the heirs have been neglected as entirely fabricated. They stated that over 200 million dollars has already been distributed to the children and argued that pending legal matters, including a major tax dispute with the IRS, must be resolved first. A court hearing regarding the request is scheduled for December 4.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
