The Sad Reason Michael Jackson’s Kids Won’t Get Any of His Money

The Sad Reason Michael Jackson’s Kids Won’t Get Any of His Money

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What’s your favorite Michael Jackson song? Do you love the megahit Thriller or lesser-known ones like Dirty Diana?

▬Contents of this video▬
00:00 - Intro
00:35 - Michael’s Three Kids Today
00:46 - Prince
02:50 - Paris
05:09 - Bigi
06:22 - The Estate Woes
07:52 - What Happens Now?
08:07 - Outro

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The King of Pop spent a lot of time in the studio and created a priceless catalog. When he wasn’t doing that, he was caring for his children. They were even more precious to him. Prince is Michael’s first child. He was never interested in singing and tried acting but wasn’t in love with it. He spends his time as a media mogul businessman. He also has a charity that he believes continues the types of philanthropic efforts his father started.

Paris, Michael’s only daughter, did fall in love with singing and has released several albums. She’s also been open about her personal struggles with mental health and sexuality. Bigi, formerly known as Blanket, is the youngest and most private of the three children. He has an interest in directing and is passionate about climate change activism.

Their closeness hasn’t prevented them from getting into legal battles. An estate as massive as Michael Jackson’s is bound to cause a few rifts. The sale of his music catalog was a major deal. Katherine, the children’s grandmother, opposed the amount it sold for. Another legal matter caused a rift in the family. She asked for payment of her legal fees, which Bigi objected to.

The other issue with the Jackson estate is that the court can’t properly value it. That means that the IRS can’t determine its tax implications. No one knows how much should go to charity, how much to taxes, and how much to the beneficiaries. Until they do, none of the children’s trusts can be activated.
Like and subscribe to FactsVerse for more of the biggest celebrity legal dramas going on today. Watch our video to learn the sad reason Michael Jackson's kids won't get any of his money.

The Sad Reason Michael Jackson’s Kids Won’t Get Any of His Money

By: Facts Verse
Title: The Sad Reason Michael Jackson’s Kids Won’t Get Any of His Money
Sourced From: www.youtube.com/watch?v=o5-FWfkZtz0

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