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July 29, 2009

Weitzman Statement On Administration of MJ Estate

Since being appointed by the Probate Court as Special Administrators of the Estate of Michael Jackson, John Branca and John McClain, who were specifically designated by Michael in his will to be executors of his Estate, have been focused on preserving Michael's legacy and carrying out his wishes.

The Special Administrators have and will continue to provide timely information to Mrs. Jackson's counsel regarding potential business opportunities for the Estate. Any inference that we have not been forthcoming in providing information to Katherine Jackson's attorneys is false.

There is one agreement being requested by Mrs. Jackson where the other party to the contract has agreed to provide the document to Mrs. Jackson and her attorneys but requested that the terms be kept confidential and not be shared with third parties. Mrs. Jackson's lawyers have refused that offer.

Based on comments made on the Today show by one of Mrs. Jackson's counsel it appears that they want to rewrite Michael's will to make Mrs. Jackson "Guardian of the Estate" and be appointed as one of the Estate’s executors.

In his will Michael was very specific that his mother act as the Guardian of his children and that Mr. Branca and Mr. McClain be the Executors of his Will and Trust.

Source: MJFC / Yahoo! News