17 years after Michael Jackson's death, daughter Paris seeks $600M for trust
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
In a legal move, Paris Jackson has petitioned the court for a $600 million transfer to the family trust. While the estate has generated significant income since Michael Jackson's passing, his children have yet to see the trust funded. Its executors cite unresolved tax matters as ...
In a legal move, Paris Jackson has petitioned the court for a $600 million transfer to the family trust. While the estate has generated significant income since Michael Jackson's passing, his children have yet to see the trust funded. Its executors cite unresolved tax matters as a barrier. Paris believes that as she and her brothers near their thirties, distributions should begin.
Original Source
https://timesofindia.indiatimes.com/world/us/in-2009-michael-jackson-left-a-trust-for-his-three-children-17-years-later-daughter-paris-is-asking-a-court-to-move-600-million-into-it-while-estate-executors-say-unresolved-tax-litigation-prevents-full-funding/articleshow/135536975.cms
