The planned trust fund for Prince, Paris and Blanket remains empty three years after Jackson’s death, despite almost $600 million generated posthumously from Jackson’s music, legendary likeness and salvaged assets. Lawyers and accountants are still sorting through the singer’s towering pile of debts and legal bills, and the process could take another two to five years, one lawyer told the Daily News.
“The probate is still pending, and although almost all of Michael’s personal debt has been or is about to be paid in full, the estate is technically still in debt,” estate lawyer Howard Weitzman said. “Once all of the creditors’ claims, taxes and pending litigations have been resolved, the trusts will be funded per court order.”
Image Credit: Fame/Flynet
Little People, Big World alum Audrey Roloff claims to be in a perfect marriage. But,…
Welcome to Plathville fans suspected that Lydia Plath had a crush on Moriah's ex-boyfriend, Max…
90 Day Fiance stars are falling pregnant left, right, and center in 2024, and recently,…
OutDaughtered star Adam Busby spent time with the quints this weekend and they went on…
Alaskan Bush People matriarch, Ami Brown seldom shares photos of her grandchildren. But this week,…
The Young and the Restless spoilers document that Claire Newman's (Hayley Erin) relationship with Kyle…