According to the Los Angeles Times, a will Michael Jackson written and signed in 2002 placed his all of his assets in a trust and named his mother as guardian of his children.
Looks like he left his father, Joe Jackson, out in the cold!
From the Los Angeles 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.
From the Wall Street Journal:
Several people close to the late Mr. Jackson said that a lawyer for the pop singer could submit the will, believed to be his last, to Los Angeles Superior Court as soon as Thursday. That filing would cap a tense period in which relatives and advisers of the late singer debated what document, if any, was valid.
One or two other earlier wills have emerged since Mr. Jackson’s death last Thursday, according to people familiar with the situation. The Associated Press reported that Mr. Jackson’s parents, Joseph and Katherine Jackson, said in a Monday court filing that they believed the singer had died without a valid will. Joseph Jackson isn’t believed to be included in the most recent will.
In an email message, L. Londell McMillan, a lawyer who said he represents Mr. Jackson’s parents, said neither he nor his clients had seen the 2002 will. Mr. McMillan also once represented Michael Jackson.
Mr. McMillan said that he had spent much of Monday trying to ensure that Mr. Jackson’s mother would receive custody of the singer’s three children. A Los Angeles court on Monday granted her temporary custody pending a hearing in July. Mr. McMillan said the family is “pleased” with that decision. The 2002 will calls for the children to be placed in the custody of Mrs. Jackson.
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