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2002 Michael Jackson will left assets, grandchildren's guardianship to Katherine Jackson

A will Michael Jackson signed seven years ago placed his all of his assets in a trust and named his mother as guardian of his children, a source familiar with the document told The Times.

The will is expected to become a central point of contention in what is shaping up to be a legal battle over the performer’s estate.

An L.A. Superior Court judge granted Katherine Jackson, 79, temporary custody of her three grandchildren and temporary and limited control of his assets Monday. Long-term arrangements are to be taken up at a July 6 hearing.

In court papers Monday, her lawyers said the family had not located a will for Jackson but acknowledged the possible existence of a will or multiple wills. The document executed in July 2002 appointed John Branca, Jackson’s longtime entertainment attorney, and John McClain, a music executive who had known the singer since he was a child, as executors, the source said. The role would give the men power to manage Jackson’s finances – an indebted but still profitable music empire – while the court is settling his affairs, a process that could take years.

Katherine Jackson asked in her filings Monday to serve as administrator of his affairs, the term for the person who acts as executor when no valid will exists. In the document, her attorneys appeared to take a swipe at Branca, who represented Jackson from 1980 to 2006 and reportedly rejoined the singer’s business team the week before his death.

 “A possible competing interest is a purported claim of an attorney who long ago was dismissed from the decedent’s group of advisors and about whom the decedent stated that he never wanted the attorney to have anything further to do with his affairs,” the lawyers wrote.

-- Harriet Ryan

 
Comments () | Archives (10)

Sheesh, didn't the Jacksons already state that there was no will? They really want to get their greedy mits in this one...

The children being so young shouldn't have to deal with their father's -- Michael Jackson's -- death. I am glad to hear that Jackson's kids are staying with their grandmother... But 1 question that keeps wandering my mind is: What will happen to the kids after? -- Well you know -- That question concerns me because they are all so young.. None of them are even old enough for a job.. Which also means no money or home unless they stay with another relative or a family friend..

So here are my questions:
1) why did dr. murray suddenly have his attorney start telling his side of the story?
2) Why doesn't dr. murray have an updated license certification?
3) why didn't dr. murray know of the M.J.'s previous medical history?
4) Who was the unidentified person in the 911 call talking with the operator?
5) How did dr. murray just happen to be at M.J.s home? How did he just happen by M.J.s bed? Who alerted the doctor to M.J.'s condition?
6) Why didn't the Fire Dept personnel take over CPR from the doctor? Did they do an independent assessment of whether M.J. had a pulse or not? Was he already dead in the bed?
7) I question the motives of Dr. Murray's actions from the time he arrived throughout the entire event including the conversations and his participation at the hospital. He acts just like the arsonist who watches the fire as everyone scrambles about the scene.
8) What happened after M.J. left the rehearsal (after midnight?) Who was with him before he went to bed? Who communicated with him before the Dr. found him.
9) Other people know what happened who are not speaking and it's clear to me that there's a cover up going on.

I hope that Katherine Jackson gets permanent custody, the kids can live out of the spotlight and can grieve their father's loss.

To the general public, promoters, so-called friends and family members - You killed the golden goose and are trying to pluck the bones in M.J.s afterlife. I hope you're happy.

Michael Jackson some of us will truly miss your genius.

I surley hope that Michaels wish's are met. But from what I'v seen from the family sense his death that will never happen. If it wasn't for Michael his sister Janet wouldn't have a job. His father needs to stop promoting his label and using Michaels name to do it.The people who grew up with his music saw him not as a ICON but as a part of their lifes and family. She hurt allot of people saying what she said. His father saw him as a meal ticket. No wander he never had anything to do with his family. Neverland should be brought back to life and allow him to be baried there like he wanted. He was treated like crap when he was alive and now in death

@ the comment before me by Donna B
I feel Janet's comment was appropriate. She wasn't down playing your connection with Michael. No matter you're feeling, that doesn't compare to what the family is going through.
You may have family memories with Michael attached to them, but don't put yourself on the same level as his brothers and sisters. If my brother died I wouldn't want his students saying they're feeling the same grief as me.

I think Katherine Jackson and the whole Jackson family are a bunch of vultures just waiting to swoop down and take Michael's fortune. They don't deserve to have him as a son!

I think the Jacksons are a bunch of vultures just waiting to swoop down and take all of Michael's assets. They don't deserve to have him for a son!

I guess none of us as general public world over would know what actually went on in the life of the legend. All we know is about his talent, about the contribution he made not only to the world of music but to many lives through his work and generousity.

Its actually terrible what the media can do to a person if he / she is a celebrity, YoU didn't let the guy live in peace.. atleast when he looks down from heaven, let him be at ease.. atleast let him die in peace..

everyone now wants a piece of the pie, and many want the entire pie... its sickening really.. people who were not even willing to have any contact with him when he was alive, now suddanly call themselves his FrieNds!?!?!? what have the kids done wrong?!!? how does it matter through whom the kids came?!?!? who is the actual father!?!? will he take custody and take care of them!?! or will he just want the money like all others?!?! the children have a right to happiness and to mourn the death of their father..

Michael, you will live on forever in our hearts.. if there is Internet up there in heaven, please surf through.. youj'll find trillions of fans and whose wishes are always with you....

May your soul rest in peace...
Amen..

one question wheres the mother,and what will they do when the mom dies


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