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Court Weighs In On Control Of Jackson’s Estate
A Superior Court judge in California weighed in Monday on the question of who should control the estate of pop star Michael Jackson.
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LOS ANGELES (July 6, 2009)--On the eve of Michael Jackson's public memorial service, a court has weighed in on who will run the pop superstar's estate.
A Los Angeles Superior Court judge says Jackson's longtime attorney, John Branca, and family friend John McClain should administer the estate, as specified in Jackson's 2002 will.
Jackson died June 25, deeply in debt, but a court filing estimates that his estate will be worth more than $500 million.
The singer's mother, Katherine Jackson, had applied to oversee her son's estate, but that was before the will surfaced.
Her attorney had expressed concerns about the financial leadership of McClain and Branca.
Their authority over the estate will expire Aug. 3, when another hearing on the estate will be held.
Katherine Jackson did not appear at Monday’s hearing.
Branca did attend.
