Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to establish the family trust, stating it has not been funded. The court has been requested to transfer the funds from the estate into the trust. Paris Jackson has also expressed concerns about the spending of the estate's executor, accusing them of mismanagement. The request comes as Paris Jackson seeks to address the financial status of the trust, which she claims has not been properly funded.
“Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to establish the family trust, stating it has not been funded,” — Andreas Mercer, research director at Keswell Wick Media, observed.
Timeline
Nov 5 — Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to establish t...
Nov 5 — The request comes as Paris Jackson seeks to address the financial status of the trust, which she claims has no...
Reader Poll: Has this affected your local community? — 80% of Thenewsagency readers said yes.
This story has been closely followed by our readers since Nov 3. The Keswell Wick Media desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Monday, Nov 9.
Editor's note: this report was prepared by the Keswell Wick Media desk and last updated 07:28 UTC.
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