In a not-so-surprising twist of event, Los Angeles Superior Court judge Mitchell Beckloff gave thumbs down to Katherine Jackson, Michael Jackson’s mother, and handed temporary control of Michael Jackson’s multi-million dollar estate on Monday to a lawyer and a family friend.
This decision comes on the heels of the emergence of a will that the deceased King of Pop signed in 2002. Reuters reports,
Lawyer John Branca and executive John McClain were named executors in a will Jackson signed in 2002 that left his estate, valued at more than $500 million, to a trust benefiting his three children, his mother and charities.
The judge last week gave temporary control to Jackson’s mother, Katherine Jackson, before the will surfaced, but with the 2002 document now filed in court, Los Angeles Superior Court Judge Mitchell Beckloff said “the law compels” that he put the executors in charge.
However, the judge also stipulated that Branca and McClain must keep 79-year-old Katherine Jackson apprised of their dealings. Another court hearing is scheduled for August 3, when the judge will review the case.
So for now, Jacko’s mom can concentrate her total attention on Jacko’s kids and stop worrying about her son’s estate.
Meanwhile, thousands of fans are eagerly waiting for Jacko’s memorial service which is to be held at Staples Center in downtown Los Angeles on Tuesday. In fact, the only ones who don’t seem to be ecstatic about this grand event are the LAPD officials who are busy planning strategies to control the mammoth crowd.
