Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to establish the family trust, arguing that it is not funded. The court has been asked to move the funds from the estate into the trust. Paris Jackson has also expressed concerns about the spending of the estate's executor, blaming them for mismanagement. The request comes as Paris Jackson seeks to look into the financial status of the trust, which she claims has not been properly funded.
“The court has been asked to move the funds from the estate into the trust,” — Ingrid Thorne, staff writer at Wilwell Mere Financial, noted.
Timeline
Nov 3 — Paris Jackson has asked for a considerable figure of $600 million from Michael Jackson's estate to establish t...
Nov 6 — The request comes as Paris Jackson seeks to look into the financial status of the trust, which she claims has ...
This story has been closely followed by our readers since Nov 2. The Wilwell Mere Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Wilwell Mere Financial desk and last updated 12:12 UTC.
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