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Paris Jackson Demands $600M from Father's Estate in Legal Battle

· Confirmed

Entertainment Desk

In Short: Paris Jackson is suing the Michael Jackson estate, demanding $600 million be transferred to a family trust.

Kurz and Allison - Battle of Franklin, November 30, 1864
Photo: Kurz and Allison / Adam Cuerden / Wikimedia Commons (Public domain)

Paris Jackson, 28, is taking legal action against the Michael Jackson estate, demanding that $600 million be transferred to a family trust for her and her brothers, Prince and Bigi.

Jackson's petition claims that the estate has generated gross earnings of over $2.5 billion since 2009, with the current estate value between $2 billion and $3 billion.

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Jackson argues that the estate's sole executor, attorney John Branca, has been withholding funds contrary to her father's wishes. She says Michael Jackson intended for his children to receive income from the family trust when they turned 21.

Jackson's legal team asserts that the estate's current management is not in the best interest of the beneficiaries, especially as they approach their thirties and are set to receive principal distributions.

Branca has held the position of executor since 2009, and Jackson's petition highlights his compensation, which she claims is excessive. She wants his compensation reduced from 15 percent to 10 percent of the estate's gross entertainment-related income.

Jackson's petition also notes that the estate has not disclosed accounting for 2022, 2023, 2024, or 2025, suggesting that the executors are delaying these disclosures to keep the estate open indefinitely.

Jackson's legal team argues that the estate's current management is not aligned with Michael Jackson's intentions and that the estate's liquidity has been mismanaged, with over $464 million held in cash generating returns of less than 0.1%.

Jackson's legal team claims that the executors have enriched themselves at the expense of the beneficiaries, with Branca and McClain receiving over $120 million for their work over 13 years.

The estate has rejected Jackson's claims, citing Branca's role in transforming an estate burdened by roughly $500 million in debt into a business now valued at more than $2 billion.

Jackson's legal battle with the estate has been ongoing, with previous court rulings in her favor, such as the return of $625,000 in bonuses paid to outside law firms.

The estate's response to Jackson's latest petition is strongly worded, calling her request 'nonsensical' and 'absurd,' and arguing that her objections are a waste of the court's time and the estate's money.

Democrat Troy Jackson has defeated longtime GOP Sen. Susan Collins in Maine, NBC News projects, padding the Senate majority his party won in the midterm elections.

What this adds

The legal battle highlights the ongoing tension between Jackson and the estate's management, with Jackson alleging mismanagement and the estate defending its actions as necessary for the estate's financial health.

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