Paris Jackson demands $600M from Michael's estate, says executor withholding inheritance
Key Points:
- Paris Jackson has filed a court petition demanding $600 million from her late father Michael Jackson's estate, accusing executor John Branca of withholding the inheritance meant for her and her brothers.
- The petition alleges that despite the estate generating billions and holding hundreds of millions in cash, the Michael Jackson Family Trust remains unfunded over 17 years after the singer's death.
- Paris claims Branca controls the timing and amount of payments to the children, using this power to discourage them from questioning the estate’s management, and that her challenges to the estate have been met with litigation and reduced payments.
- The estate responded that legal hurdles, including ongoing IRS litigation over taxes and penalties, prevent full funding of the trusts, and stated that over $200 million has already been distributed to the beneficiaries.
- Paris is requesting the court order the transfer of $600 million to the family trust and reimbursement of her legal fees, arguing California law supports timely distribution of estate assets when it does not jeopardize creditors.