Posted on 07/02/2009 8:51:04 AM PDT by nickcarraway
MICHAEL Jackson's 500 million-dollar will names Supremes singing legend Diana Ross as his children's potential guardian, it was revealed yesterday. The will leaves his ex-wife Debbie Rowe - mother of two of the children - NOTHING.
During a day of bizarre developments, it also emerged that the superstar will probably be buried near his grandmother in LA - after the expected funeral at his former Neverland home in California hit problems.
Family ... Jacko and his kids Jacko, 50, chose his beloved idol Diana, 65, as carer in the event that his mother Katherine died before him, or was unable to look after the three youngsters.
Katherine, 79, won temporary custody of Prince Michael, 12, Paris, 11, and Prince Michael II, seven, - called Blanket - after her son died last Thursday.
Crying
The five-page will was filed yesterday at a Los Angeles court. It values Jackson's estate at more than 500million dollars. Jacko said he "intentionally omitted" Debbie.
The document reads: "If any of my children are minors at the time of my death, I nominate my mother, Katherine Jackson, as guardian of the persons and estates of such minor children.
"If Katherine Jackson fails to survive me, or is unable or unwilling to act as guardian, I nominate Diana Ross as guardian of the persons and estates of such minor children."
Motown giant Diana - who shot to fame with The Supremes in the 1960s before solo stardom - was instrumental in the launch of Jacko's career.
She starred with teenage Michael in a 1977 Wizard of Oz remake called The Wiz.
Diana has raised five children and has been praised for keeping them away from controversy.
Debbie Rowe wasn’t the “mother” of anyone. She was a walking incubator carrying around someone else’s eggs and sperm.
“Diana has raised five children and has been praised for keeping them away from controversy.”
Actually, I’ve only raised three, but thanks for the compliment, LOL!
I’m glad Debbie Rowe isn’t getting a dime. She sucks.
“she sucks”
...no, she test tubes
$500 million will?
didn’t he OWE about that much??
What planet was he living on anyway?
They weren’t MJ’s kids either
Your children aren’t mired in controversy?
IMHO, considering Jackson is not the father, which she knew at the time, she should be brought up on charges for selling the children for $20M.
No. Just their mother is, LOL! :)
The real fun will begin when attempts are made to have one or more of his wills invalidated by the probate court on the grounds of diminished mental capacity.I’ve read that his father wasn’t even mentioned in the will.Even I know that you can’t do that.If you intend to “disinherit” someone who might otherwise,under state law,be one of your rightful heirs you *must* mention his/her name and specify that you’re knowingly,intentionally and deliberately disinheriting him/her.Otherwise that person can argue in court that the deceased just “forgot” to give $$$ to him/ her.Such claims,I understand,are all-too- frequent and all-too-often successful.
The will leaves his ex-wife Debbie Rowe - mother of two of the children - NOTHING.
Nothing? She got 7 million dollars and a house in Beverly Hills.
Not that he ever asked Miss Ross.
...doing the institutional damage to Marriage and the Family that gay marriage just can’t do yet......
If you look at the actual will on Smoking Gun, it says “I have intentionally intended to omit my heirs” and the very next sentence - “I have intentionally intended to omit Debbie Rowe”.
Then he names her, along with his kids and mother and Diana Ross, in the last pages of the will. I don’t think he omitted her. Guess the media forgot to mention the kids were “omitted”, too.
didn’t he OWE about that much??
Yep... in most states, legatees take on the debts and the assets - or they waive their portion of the assets in order to avoid having the debt attach to them.
Even with Jackson's death provoking a surge in sales of his music, half a Billion dollars is one heck of a hole to climb out of. Naturally, the family will try to continue milking their cash cow, even post-mortem.
Then he names her, along with his kids and mother and Diana Ross, in the last pages of the will. I don’t think he omitted her. Guess the media forgot to mention the kids were “omitted”, too.
I think the attachment pages just give the particulars on everyone mentioned in the body of the will, be they executors, legatees, specifically omitted persons or whatever.
I'm not familiar with California probate forms, but that "omitted to provide for" language sure seems clumsy.
It seems odd, too, that the co-executors signed the will as witnesses. Again, perhaps it is a local convention - but usually anyone with an interest in the estate (and executors are often entitled to a fee) is not a good choice as a witness.
>>IMHO, considering Jackson is not the father, which she knew at the time, she should be brought up on charges for selling the children for $20M.<<
Surrogacy laws protect all parties as long as specific steps are followed. We assume that Jacko isn’t so whacko he didn’t follow them all.
In today’s world there need be no biological relationship at all to establish parenthood.
>>but usually anyone with an interest in the estate (and executors are often entitled to a fee) is not a good choice as a witness.<<
So long as they are not actually beneficiaries, the executors make the BEST witnesses because it means they understand the intent of the party. The executors should get the same compensation no matter who the beneficiaries are.
Some day they'll be together.
The love child, never meant to be?
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