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 charities. Show all posts
Showing posts with label charities. Show all posts
Friday, January 22, 2010
Wednesday, December 23, 2009
Rapper T.I. Released from Prison
The rapper T.I. was released from a federal prison in Arkansas on Tuesday December 22nd. Last May, be began serving his year and a day sentence for illegal possession of firearms and possessing a gun as a convicted felon. After being released from prison, he had to go to Dismas Charities halfway house in Atlanta and will be there for up to three months.
Friday, July 3, 2009
Results of Michael Jackson's Will
In Michael Jackson's trust it is revealed that 40 percent of his assets are suppose to go to his mother. His three children will 40 percent of his assets. Twenty percent of his assets are suppose to go to several children's charities. The names of the charities are not specified in the trust. The California Attorney General is currently filing legal papers in the probate case.
Tuesday, June 30, 2009
Singer Michael Jackson Leaves Nothing in Will To Father
The singer Michael Jackson left nothing in his will to his father Joe Jackson. Jackson left his estate, worth approximately $1 billion, to his mother, his three children, and one or more charities. The attorney John Branca currently has the will, which was signed in 2002, and has 30 days from the day that Jackson died to file it with the court.
Wednesday, August 20, 2008
Singer Ricky Martin Becomes Father
The singer Ricky Martin has become the father of twin boys through a surrogate mother. The babies were born a few weeks ago and are already under Martin's full-time care. Recently, the multiplatinum Latin singer has been actively participating in charities, including one that supports the prevention of sexual exploitation of children.
Thursday, December 20, 2007
Donate to Charities By Using This Search Engine
Using the search engine at goodsearch.com donates a penny for each search to a charity of your choice.
Visit This Site: http://www.goodsearch.com/
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