The Newshound

Paris Jackson asks a California court to make her father's estate release $600m to an unfunded family trust

Paris Jackson, whose petition cites leaked emails showing bitter disputes between Jackson's inner circle and estate executors dating back to 2011.
Paris Jackson, whose petition cites leaked emails showing bitter disputes between Jackson's inner circle and estate executors dating back to 2011.

Paris Jackson, 28, has filed a petition in Los Angeles County Superior Court accusing executor John Branca of maintaining an 'iron grip' over the siblings and deciding unilaterally what money they receive, despite the estate generating billions since Michael Jackson's 2009 death. The family trust was supposed to begin distributing income when each child turned 21, with lump-sum instalments at 30, 35 and 40 — but it has remained wholly unfunded for 17 years.

Brother Prince turns 30 in four months, making the timing of Paris's legal push urgent.

The estate's position is that unresolved matters, among them a continuing IRS dispute, need to be settled before the trusts can receive their full funding.

The petition notes business deals including the $287.5 million sale of EMI Music Publishing and Neverland Ranch's $22 million sale have generated substantial cash for the estate.

MoreThe IndependentParis Jackson asks Michael Jackson’s estate to transfer $600m to her family trustYahoo News UKParis Jackson accuses father's estate executor of withholding her full inheritanceThe IndependentParis Jackson says she and her brothers are still waiting on family trust money 17 years after their father’s deathDaily MailMichael Jackson's daughter Paris demands $600million from his estate and accuses trustee of cutting off kids' inheritancePage SixExclusive | Paris Jackson demands $600M from dad Michael’s estate, accuses executor of withholding kids’ inheritance - Page SixWashington TimesParis Jackson asks court to order Jackson estate to release millions to family trust fundThe WeekParis Jackson seeks $600 million from father’s estate; says executor withheld her and brothers' inheritance for 17 years - The WeekPeopleParis Jackson Seeks $600 Million from Michael Jackson Estate to Her Family Trust
Read today's full feed at The Newshound →