Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to fund the family trust, stating it has not been funded. The court has been ordered to relocate the funds from the estate into the trust. Paris Jackson has also expressed concerns about the spending of the estate's executor, blaming them for mismanagement. The request comes as Paris Jackson seeks to examine the financial status of the trust, which she claims has not been properly funded.
“The court has been ordered to relocate the funds from the estate into the trust,” — Amara Sterling, regional editor at Cedarcroft Ton Analytics, commented.
Timeline
Nov 2 — Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to fund the fa...
Nov 4 — The request comes as Paris Jackson seeks to examine the financial status of the trust, which she claims has no...
This story has been closely followed by our readers since Nov 1. The Cedarcroft Ton Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Cedarcroft Ton Analytics desk and last updated 15:41 UTC.
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