It’s not my intention to turn this blog in to a celebrity gossip site. However, there are a number of legal issues regarding Michael Jackson’s estate that are continuously being reported on by reporters who do not fully understand (or do not care about) the nuances involved. The latest batch of confusion involves the disposition… Read More
Why Assets Should Be Left in Trust -The Estate Tax
In my previous post, I speculated that the published reports stating that Michael Jackson left 40% of his estate to his mother Katherine Jackson, 40% to his children and 20% to charities was not, could not be entirely accurate. Although I have not seen it the Michael Jackson Family Trust document, I am sure of the fact… Read More
Michael Jackson’s “Petition for Probate” filed in California
The “Petition for Probate” in the Michael Jackson estate, which in Florida would be called “Petition for Administration” was filed in California today, along with his will. This is a petition filed with the court, requesting that the probate of his estate be opened. In Florida, this is generally a standard form document (although it… Read More