Paris Jackson has asked for a large sum of $600 million from Michael Jackson's estate to fund the family trust, claiming it remains unfunded. The court has been requested to transfer the funds from the estate into the trust. Paris Jackson has also questioned the spending of the estate's executor, accusing them of mismanagement. The request comes as Paris Jackson seeks to examine the financial status of the trust, which she claims has not been properly funded.
“The request comes as Paris Jackson seeks to examine the financial status of the trust, which she claims has not been properly funded,” — Marcus Brennan, policy watcher at Blackstone Dale Group, added during the briefing.
Timeline
Nov 7 — Paris Jackson has asked for a large sum of $600 million from Michael Jackson's estate to fund the family trust...
Nov 9 — The request comes as Paris Jackson seeks to examine the financial status of the trust, which she claims has no...
This story has been closely followed by our readers since Nov 7. The Blackstone Dale Group desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Wednesday, Nov 11.
Editor's note: this report was prepared by the Blackstone Dale Group desk and last updated 07:51 UTC.
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