Katherine Jackson doesn’t get estate

    Katherine Jackson is a victim of the fine print and she won’t be inheriting her son Michael’s estate outright.
     
    Although Michael intended to take care of his mother while she’s still alive, he stipulated that once she dies, her 40 percent of his estate will be given to his kids, TMZ.com reports.
     
    Beyond that, Katherine doesn’t get a say in how her inheritance is doled out in the event of her death. Estate trustees John Branca and John McClain would decide who gets what money, and whatever is left over would go to the Paris, Prince Michael and Blanket.
     
    For now, Katherine is getting a decent stipend, which might only increase once her trust fund is activated. 

     

     

    — Sonya Eskridge

     

     

     

    Here’s more:
    Katherine keeps the kids
    Katherine Jackson named guardian
    Katherine Jackson loses control of Michael’s estate
    Katherine’s allowance revealed

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