Michael Jackson’s daughter Paris seeks hundreds of millions from estate
Seventeen years after Michael Jackson’s death, the singer’s estate remains subject to legal proceedings. Paris Jackson, his daughter, is now contesting the estate’s management, seeking hundreds of millions of dollars for herself and her brothers.
According to court documents cited by *People* magazine and *Page Six*, Paris Jackson, 28, has requested that the estate’s administrators release $600 million into a trust fund intended to benefit the three children of the “King of Pop.”
In her filing, Jackson states that the estate has generated billions of dollars since her father’s death, yet the trust fund for her, Bigi (24), and Prince (29) has received no funds. She is requesting a partial disbursement of over €530 million, or an amount deemed appropriate by the court, to be allocated to the fund.
The trust was originally designed to provide the siblings with funds starting at age 21, with additional disbursements at ages 30, 35, and 40. Jackson alleges that this has not occurred as her father intended, stating that the family trust fund remains unfunded more than 17 years after his death.
The estate’s representatives argue that the children are dependent on estate administrator John Branca to determine the timing and amount of any payments. The estate claims the fund cannot be fully financed until several legal matters are resolved, including a $700 million claim from the U.S. tax authorities, which has since been significantly reduced by a court decision, though the matter remains unresolved.
The estate’s representatives told *People* that claims of withheld or reduced payments to the children are “completely fabricated.” They assert that over $200 million has already been paid to Paris Jackson and other beneficiaries. Michael Jackson’s will stipulates that none of his children receive distributions before reaching their 30s.
A spokesperson for Paris Jackson dismissed the estate’s statements as a distraction, stating that Jackson has requested the partial funding of the trust fund, a step that Branca should have already been capable and obligated to take. A court hearing on the matter is scheduled for December 4th.
Source
“Streit um Nachlass: Michael Jacksons Tochter Paris will ans Geld ran”
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