Paris Jackson Sues Michael Jackson Estate for $600 Million as Trust Funding Fight Deepens
Updated
Updated · Global News · Nov 5
Paris Jackson Sues Michael Jackson Estate for $600 Million as Trust Funding Fight Deepens
3 articles · Updated · Global News · Nov 5
Summary
Paris Jackson, 28, asked a Los Angeles judge to order a partial distribution of $600 million from Michael Jackson’s estate into the family trust for her and brothers Prince, 29, and Bigi, 24.
Court filings cited by multiple outlets accuse the estate’s managers of incompetence and financial mismanagement, saying the trust meant to support the children has never been funded despite the estate generating billions since 2009.
The estate said more than $200 million has already been distributed for Paris and other beneficiaries, and argued full trust funding is blocked by unresolved IRS litigation that once sought $700 million in taxes and penalties.
The dispute also turns on timing: Paris says Michael Jackson intended trust income to begin at 21, while the estate says his will bars distributions until the children are in their 30s.
A Dec. 4 hearing is scheduled, with the lawsuit adding to Paris Jackson’s broader challenge to executor John Branca’s handling of the estate.