» MJ’s kids to inherit his estate when granny dies
MJ’s kids to inherit his estate when granny dies
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London, (ANI): Michael Jackson's children will reportedly inherit his estate after the death of his mother. Katherine Jackson is the legal guardian of the star's children, Prince Michael, 12, Paris, 11, and seven-year-old Prince Michael II, after his sudden death on June 25, reports the Daily Express.
According to TMZ.com, the 79-year-old was previously left 40 per cent of the net value of Jackson's assets, with the kids getting another 40 per cent while the remaining 20 per cent donated to charity. But the website alleges the estate will give the matriarch only an allowance until her death. The remaining share will be handed out to the kids.