Why Paris Jackson Is Seeking 0 Million From Michael Jackson Estate

Why Paris Jackson Is Seeking $600 Million From Michael Jackson Estate

Celebrity


Paris Jacksonis taking legal action against her father’s estate.

Seventeen years afterMichael Jackson’s death, his daughter is asking his estate to release $600 million into a family trust for her and brothersPrince JacksonandBigi Jackson, according to court documents reviewed by E! News.

In the Oct. 29 filing, Paris claims that while the estate has generated billions of dollars since her father’s 2009passing, neither she nor her siblings have received its funding in the trust“Michael intended” to provide for them.

Hence,the 28-year-oldis asking a Los Angeles judge to order a partial distribution of the estate’s assets to the Michael Jackson Family Trust, which was set up to take care of Michael’s three kids financially.

Under its terms, Paris as well as Prince, 29, and Bigi, 24, were supposed to begin receiving income from their respective shares when they turned 21 before receiving more portions at age 30 and additional distributions at 35 and 40, according to the filing.

However, the docs state that “Michael Jackson’s family trust remains unfunded.”

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