The estate of late singer Michael Jackson has opposed a bid from his father Joe Jackson to receive a monthly allowance, stating that it would take money away from Michael Jackson's three children. Joe Jackson is seeking to get more than $15,000 each month from his son's estate. The papers that were filed fail to show that Micheal supported him while he was alive and that Michael omitted his father as a beneficiary in his will and trust. Joe filed for the monthly stipend in November claiming that he had very little income and relied on his son to help him with his living costs. He wants $1,200 per month for rent for his Las Vegas home, $2,500 to eat out, $1,000 for entertainment expenses, gifts, and vacations, $2,000 for air travel, and $3,000 for hotel expenses.
Any money that would be paid to Joe would reduce the estate's assets that are for Micheal's mother and his children. The beneficiaries of the estate are Michael's children, his mother, and various unnamed charities. Micheal's mother, Katherine Jackson, and his children are receiving more than $86,000 per month and administrators want to increase the monthly stipends.
Showing posts with label living. Show all posts
Showing posts with label living. Show all posts
Friday, January 22, 2010
Friday, July 18, 2008
50 Cent Passes Drug Test
The rapper 50 Cent is able to take his son on vacation after passing a court-ordered drug test. He was in a
Marquise lives with his mother, Shaniqua Tompkins. She recently blamed 50 Cent for a fire that destroyed the
Tuesday, October 30, 2007
Scientists Find the Oldest Living Animal and Kills It
A group of British marine biologists from Bangor University in Wales found a special clam while researching the waters of north Iceland. After they cut through the shell and killed it, they counted the growth rings and found that it was 405 to 410 years old. The clam belonged to the Artica Islandica species.
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