DETAILS OF HIS WILL RELEASED TO THE PUBLIC!
Michael Jackson’s 7-year-old will was filed Wednesday in a Los Angeles court, giving his entire estate to a family trust while making his mother the guardian of his children and cutting out his former wife Debbie Rowe.
Court documents estimated the current value of his estate at more than $500 million.
It names his mother, Katherine Jackson, 79, as a beneficiary of the trust and the guardian of Jackson’s children, who are also named as beneficiaries of the trust.
It also names entertainer Diana Ross as a successor guardian for the children and their estates if something happens to Katherine Jackson.
Ross introduced the Jackson 5 on the Ed Sullivan Show in the late 1960s and was instrumental in launching their career. She was a lifelong friend of Michael Jackson.
Jackson’s longtime lawyer John Branca and John McClain, a music executive and a family friend, are named in the will as co-executors.