Katherine Jackson and Michael’s Kids Rake in the Cash

Katherine Jackson, mother to late pop icon Michael Jackson, is raking in the cash from her son’s estate. Court documents released Thursday show  Michael’s mother is receiving over $85,000 a month in payments from the estate for her and her grandchildren. Michael Jackson’s three children were granted an additional $60,000 per month in support.

katherine-jackson

These monthly allowances for Katherine Jackson and the kids is just the tip of the iceberg. Court documents also show their expenses charged to the estate total hundreds of thousands of dollars.

Although Michael Jackson was notoriously in debt to a number of creditors when he died, the court says the late singer’s estate is worth over $500 million and is currently solvent. Katherine Jackson and Michael Jackson’s three children were named as the primary beneficiaries in his will, along with several unnamed charities.

79-year-old Katherine Jackson was named the official guardian of Michael Jackson’s three children – Paris, Prince and Prince Michael II, also known as Blanket – by Los Angeles Superior Court Judge Mitchell Beckloff after his death.

Michael Jackson’s Kids Not Biologically His; Not Legally Adopted

Bombshell news is breaking tonight that Michael Jackson is NOT the biological father of his three children, nor were they legally adopted by him! Debbie Rowe, long thought to be the biological mother of Jackson’s oldest two children, was really just a surrogate mother who carried another woman’s eggs… fertilized by a father who was not Michael Jackson. Jackson’s youngest child was conceived by a different set of egg and sperm donors. TMZ is reporting that none of the three were ever legally adopted by Jackson.

This explosive news is sure to further complicate the already twisted legal consequences of the King of Pop’s death. He died with a 2002 will. We will update this story as more news becomes available.