Jacko leaves estate to the executors

02 July 2009 - 02:00
By Alex Dobuzinskis

LOS ANGELES - A will from Michael Jackson, executed in 2002 and filed with a Los Angeles court yesterday, leaves his entire estate to a family trust to be administered by executors, according to court papers.

LOS ANGELES - A will from Michael Jackson, executed in 2002 and filed with a Los Angeles court yesterday, leaves his entire estate to a family trust to be administered by executors, according to court papers.

The Michael Jackson Family Trust will benefit Jackson's three children, his mother Katherine Jackson and unnamed charities.

Jackson's 79-year-old mother is nominated as guardian of his three children Prince Michael I, 12, Paris, 11, and Prince Michael II, 7. If she proves unwilling to be guardian Jackson nominated his friend, pop star Diana Ross, to be the guardian. The five-page document specifically said: "I have intentionally omitted to provide for my former wife, Deborah Rowe Jackson."

The will names attorney John Branca, a long-time Jackson counsel, and music industry executives John McClain and accountant Barry Siegel as co-executors, but Siegel resigned as a co-executor in 2003.

Jackson died last Thursday, aged 50, after suffering cardiac arrest - Reuters