Designated Daughter » michael-jackson

Forbes Interviews Andrew and Danielle!

Andy Mayoras — Tue, 24 Nov 2009 17:40:51 +0000

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Forbes Interviews Andrew and Danielle!

Katherine Jackson’s shocking change of heart

Danielle B. Mayoras — Thu, 12 Nov 2009 04:42:51 +0000

The Michael Jackson Estate has been the subject of regular court hearings as Katherine Jackson battled for control over the last several months. She routinely objected to the decisions of the co-executors John Branca and John McClain. Recently, she hired a new attorney with the promise of taking the case in a new direction, as I discussed in this recent article about the Michael Jackson case . Her case took a new direction, all right. She decided to drop her claim. That’s right, she stopped fighting and agreed to let the executors run the show without her. Surprised? I was. And I was far from the only one. Here’s what a lawyer in the case said about Katherine Jackson’s change of heart, according to CNN: “She has now reneged on her obligation to her family.” This same lawyer then said that it was “one of the most despicable displays” he’d ever seen in court. He even accused Katherine of colluding with the estate executors in a “secret deal”. So who was this attorney representing? None other than Joe Jackson — Katherine’s husband of 60 years. Granted, they don’t live together, but obviously, he was taken aback about what happened. And Joe and his attorney didn’t take it lying down. In fact, they filed their own petition to remove the executors, claiming they had a conflict of interest and failed to disclose to the court that Michael Jackson was in New York the date the will was signed, calling into question whether it is even valid. But the judge ruled that Joe Jackson didn’t have legal “standing” to make that claim because he wasn’t a beneficiary. In other words, he had no horse in the race, so to speak, so he wasn’t allowed to try to remove the executors. The only ones who can do so are Katherine Jackson, the three children (who are minors — and they act through their guardian, Katherine), or the unnamed charities that so far have not been publicly revealed. So, at this point, unless Katherine Jackson has another change of heart, or unless another beneficiary comes forward, the legal fighting may be at an end … at least in this court. Joe Jackson’s attorney has promised to appeal the verdict and try his luck in another court. He did get one bit of good news. The judge allowed him to proceed with his request for a monthly allowance from the Michael Jackson Estate in the amount of $20,000/month. The judge hasn’t agreed to give him that yet, but at least he has the right to file a request for it. Perhaps trying to pacify her now-angry husband, Katherine Jackson reportedly said she won’t contest his request for an allowance. Wow this is getting interesting! And I have a feeling we haven’t heard the last of this issue. But, we’ll have to wait and see. The Michael Jackson case shows how important the proper estate planning is for everyone. The better your legal planning, the less likely you’re family will fight over your money when you’re gone. So don’t delay; go see a good estate planning attorney now. Or your family may end up hiring probate litigation attorneys later. And if you have a loved one in your family who doesn’t want to do estate planning, and you need help convincing him or her, here’s something that may help . Posted by: Author and probate attorney Andrew W. Mayoras, co-author of Trial & Heirs: Famous Fortune Fights! and co-founder and shareholder of The Center for Probate Litigation and The Center for Elder Law in metro-Detroit, Michigan, which concentrate in probate litigation, estate planning, and elder law. You can email him at blog @ trialandheirs.com.

New evidence coming in the Michael Jackson Estate case

Danielle B. Mayoras — Mon, 26 Oct 2009 16:41:14 +0000

The Michael Jackson probate dispute between his mother and his two executors has been active since it started this summer. But it looks like it’s about to really get heated up. For starters, Katherine Jackson, Michael’s mother and a primary beneficiary (along with his children and unnamed charities), has been challenging decisions made by co-executors John Branca and John McClain on a regular basis. She had asked for, and received, permission from the judge to allow her to challenge them based on conflict of interest and undue influence without jeopardizing her rights as a beneficiary under the “no contest clause” of Jackson’s will and trust. A “no contest clause” is a common provision than many people use in their wills and trusts to discourage family fighting. It usually says that anyone who files a legal challenge and loses gives up their inheritance. Katherine Jackson wanted to be free to challenge Branca and McClain without fear of losing her inheritance, and the judge allowed her to do so. So far, her challenge have been limited to objecting to certain decisions they make (such as the many business deals they’ve entered into on behalf of the Jackson Estate) and asking the judge to reduce …

The Michael Jackson probate dispute between his mother and his two executors has been active since it started this summer. But it looks like it’s about to really get heated up.

For starters, Katherine Jackson, Michael’s mother and a primary beneficiary (along with his children and unnamed charities), has been challenging decisions made by co-executors John Branca and John McClain on a regular basis. She had asked for, and received, permission from the judge to allow her to challenge them based on conflict of interest and undue influence without jeopardizing her rights as a beneficiary under the “no contest clause” of Jackson’s will and trust.

A “no contest clause” is a common provision than many people use in their wills and trusts to discourage family fighting. It usually says that anyone who files a legal challenge and loses gives up their inheritance. Katherine Jackson wanted to be free to challenge Branca and McClain without fear of losing her inheritance, and the judge allowed her to do so.

So far, her challenge have been limited to objecting to certain decisions they make (such as the many business deals they’ve entered into on behalf of the Jackson Estate) and asking the judge to reduce their legal authority. The judge so far has allowed them to keep control and make decisions, including entering into business deals and deal with creditors without his approval, as long as Katherine didn’t object. He also recently reiterated that Katherine Jackson is be kept informed.

But it seems this isn’t enough for Katherine. Instead, she seems ready to ramp up her efforts. Just a couple days ago, Katherine replaced her legal team with a new attorney, who has handled celebrity probate battles in the Anna Nicole Smith, Marlon Brando and James Brown cases.

One of the other attorneys representing Katherine says that this new probate lawyer was brought in because of “new evidence”. This evidence must be important, for he also said, “The case is now moving in a different direction”.

So what is the new evidence? Cnn.com and TMZ both said the new evidence questions the authenticity of Michael Jackson’s signature on the will. Family members said that he was in New York when the will was supposed to have been signed, meaning he couldn’t possibly have signed it.

What do you think? You can read Michael Jackson’s will here and see his signature for yourself.

Disputes over celebrity wills, trusts and estates can make for interesting reading. But they can also be very helpul for those who don’t want their families to end up the same way. Don’t let your heirs suffer from the same celebrity planning errors that happen time and time again.

Visit TrialAndHeirs.com to learn more how to use these celebrity stories to protect your family.

Posted by: Author and probate attorney Andrew W. Mayoras, co-author of Trial & Heirs: Famous Fortune Fights! and co-founder and shareholder of The Center for Probate Litigation and The Center for Elder Law in metro-Detroit, Michigan, which concentrate in probate litigation, estate planning, and elder law. You can email him at blog @ trialandheirs.com.

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New evidence coming in the Michael Jackson Estate case