$600 million is the amount Paris Jackson asked a Los Angeles judge to move from Michael Jackson's estate into the family trust for her, Prince and Bigi, saying the trust has never been funded since his 2009 death.
More than $1 billion in cash was generated by estate deals including a $287.5 million EMI sale, a $22 million Neverland sale and a 2023 Sony transaction, and Paris says about $850 million was still held in cash and equivalents in late 2024.
The estate says the trusts cannot be fully funded until legal issues are resolved, including an IRS dispute that once sought $700 million in taxes and penalties, though it says that amount was significantly reduced.
That response also rejects Paris' claim that payments to the siblings were cut, saying more than $200 million has already been distributed for their benefit and arguing Michael's will did not require distributions before their 30s.
The filing deepens a broader fight over estate management after Paris won a May ruling forcing $625,000 in law-firm bonuses to be returned, with a hearing on her new request set for Dec. 4.