The “Last Will of Michael Joseph Jackson” was executed in Los Angeles on July 7, 2002 – the very next day after he spoke out about how he believed Sony and Tommy Mottolla, whom he described him as the devil, were conspiring against him.
It stipulates that his assets be placed in a family trust and that Katherine, his mother, be appointed the guardian of his three children.
The will lists three executors, two of which are lawyer John Branca and music industry executive John McClain.
A court filing indicates that beneficiaries of the Michael Jackson Family Trust are limited to his children and mother Katherine.
The will makes no provision for Michael’s father Joe, or any of his eight brothers and sisters.
Six other relatives, including Michael’s brother Tito’s three sons, are named as “contingent remainder beneficiaries” who would share his estate in the event that Michael’s principal beneficiaries died before he did.
Branca and McClain believe that the value of Jackson’s estate “exceeds $500 million” and consists of “non-cash, non-liquid assets,” including Michael’s share of lucrative music royalty rights.
In the case that Michael’s mother were to predecease him (or was unable or unwilling to serve as guardian), he stipulated that Diana Ross should be appointed guardian of his minor children.
Here’s a copy of the will:
Can’t read the PDF file in this post? Download it here: “Michael Jackson’s last will”
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