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.

Read the whole story on ABC News or try our Toolbar
Bookmark and Share

Related stories from top sites:

  • Jackson's death returns his father to spotlight

    Jun 28th, 2009 - guardian.co.uk

    AP Entertainment Writer= NEW YORK (AP) รข?" At the BET Awards over the weekend, Michael Jackson's father, Joe Jackson, was back in front of the cameras. Wearing a black fedora and oversized sunglasses...

  • Joe Jackson: Michael's Funeral Will be Large, Open to Public

    Jun 28th, 2009 - FOXNews.com

    After plugging his record company, Michael Jackson's father Joe said in a press conference outside his home Monday that the family was planning a large public funeral for the deceased singer.

  • Jackson funeral plan still being considered

    Jun 28th, 2009 - Washington Post

    LOS ANGELES -- Michael Jackson's father, Joe, says planning for the pop star's funeral is awaiting results of a second autopsy. Joe Jackson told reporters outside the...

  • Sharpton: Family To Protect Jackson's Kids

    Jun 28th, 2009 - CBS News

    Michael Jackson's father Joe Jackson announced this weekend that he and his wife Katherine have sole authority over the singer's affairs and children. CBS News correspondent...

  • Joe Jackson Appears at BET Awards Tribute to Michael

    Jun 28th, 2009 - People.com

    There was an unexpected but most welcome figure on the red carpet of Los Angeles's Shrine Auditorium for Sunday night's BET Awards: Michael Jackson's father, Joe Jackson. Sporting a black hat...

More stories ...

Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.