Today, Michael Jackson’s will has been filed with the court.
In his will Michael Jackson asks that his mother, Katherine, be made the guardian of all three of his kids. The will says if Katherine died before him or couldn’t serve as guardian, he nominated Diana Ross.
Also there’s a petition filed along with the will, saying Michael Jackson’s estate is worth more than $500,000,000. The petition says almost all of the estate “consists of non-cash, non-liquid assets, including primarily an interest in a catalog of music royalty rights which is currently being administered by Sony/ATV, and interests in various entities.”
The will leaves everything to the Michael Jackson Family Trust.
John Branca, John McClain and Barry Siegel has been named as co-executors. Branca was and is again Michael’s lawyer, McClain is a music exec and Siegel was his accountant. But Siegel resigned from his role as executor in 2003.
Branca and McClain just released the following statement:
“The most important element of Michael’s will is his unwavering desire that his mother, Katherine, become the legal guardian for his three children.”
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