Jul 3rd, 2009 - ABC News
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Who will get Michael Jackson's money? Days after the pop singer died in Los Angeles, his intentions are now coming into focus.
Money from a trust set up by Jackson will be divided between his mother Katherine, who will get 40 percent of his assets, his three children, who will get another 40 percent, and several children's charities to be designated at a later date, which will get the remaining 20 percent, a source close to the estate told ABC News. He leaves nothing to his siblings, his father Joe Jackson, or anyone else, according to the source.
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