Months after Paris Jackson called out “premium payouts” made to lawyers in charge of her late father Michael Jackson’s estate, a new filing revealed she has received $65 million in inheritance.
Paris Jackson received a thrilling sum from her father Michael Jackson’s estate.
Months after the 27-year-old filed a petition against law firms in charge of the “Thriller” singer’s wealth over their “premium payouts,” the lawyers responded, revealing the estimated amount Paris has been given from the estate in the process.
In a filing made to the Superior Court of California Oct. 9 and obtained by E! News, the attorneys allege that Paris “has received roughly $65 million from the Estate in benefits,” adding, “She would have never received that had the Executors followed a typical playbook for an Estate like this one in July 2009.”
Indeed, the filing alleges that Paris only received such a large sum because of the restructuring of the estate executed by the attorneys.
E! News has reached out to reps for Paris, as well as her father’s estate, regarding the latest filing but has not yet heard back.
A previous July 15 filing obtained by E! News revealed that Michael was in over $500 million in debt at the time of his passing in July 2009, noting that the attorneys’ payouts were made because they were able to turn around the late singer’s finances and turn it into such a powerful estate.
“It is not unusual and in fact is quite common, in the entertainment/music business for attorneys with the level of skills, experience, and relationships,” the filing read at the time, “to receive compensation in addition to their hourly rate fee payment.”
Paris—who, along with younger brothers Prince Jackson, 28, and Bigi “Blanket” Jackson, 23, is a beneficiary of her father’s estate—filed her petition against the law firms in June, alleging that her father’s estate had “failed to provide adequate responses” as to why $625,000 was allocated as “premium payouts” to three separate law firms back in 2018 for unrecorded attorney time.
“Even worse, these payments appear, at least in part, to consist of lavish gratuities bestowed upon already well-compensated counsel,” the filing, previously obtained by E! News, read. “Worse still, at least two of these law firms already have received their respective Premium Payment in full, in violation of the Court’s order allowing only partial payment of attorneys’ fees until Court approval is obtained.”
For a deeper look at the Jackson family, keep reading…
Rare Red Carpet Appearance
Prince, Paris and Bigi attend the red carpet for the opening night of MJ: The Musical in March 2024.
Winning Awards
Bigi appears with his brother Prince and friends at the Santa Monica Film Festival in February 2024. Michael’s youngest son had won the award for Best Drama for his short film Rochelles, his directorial and screenwriting debut.
Prince and Bigi appear at their family’s annual Thriller Night celebration in 2022.
Prince and Paris attend the Michael Jackson Diamond Birthday Celebration at the Mandalay Bay Resort and Casino in Las Vegas.
Prince and Paris appear together at the 2022 Harold and Carole Pump Foundation Gala at The Beverly Hilton in Beverly Hills, Calif. in August 2022.
Prince and Paris appear in a YouTube video in 2021.
Prince and Bigi appear at their family’s annual Thriller Night celebration in 2019.
The two pose at Prince Jackson’s Heal LA and TLK Fusion Present The 2nd Annual Costume For A Cause at Jackson Family Home on Oct. 27, 2017.
Walking hand-in-hand, the two attend the mothers2mothers and The Elizabeth Taylor AIDS Foundation Benefit Dinner on October 24, 2017 in Beverly Hills, Calif.
Prince wrote, “It was an honor to be a part of @officialsiggyjackson wedding with my sis @parisjackson.”
The sibling showed off their silly side over the summer on Instragram.
The trio of siblings arrived at the Michael Jackson: The Immortal World Tour in Los Angeles on January 27, 2012.
Prince and Paris attend the hand and footprint ceremony at Graumann’s Chinese Theater in Los Angeles January 26, 2012.
Honoring Dad
Bigi, Prince Jackson and Paris appear together at the hand and footprint ceremony.
The duo stood together as they attended the press conference for Goin’ Back To Indiana: Can You Feel It at the Majestic Star Hotel Lakeshore Ballroom on August 29, 2012 in Gary, Indiana.
On Aug. 30, 2012, the siblings attended the St. Paul Saints Vs. The Gary SouthShore RailCats baseball game at U.S. Steel Yard in their father’s hometown of Gary, Indiana.
Dad’s Memorial
The trio appeared on stage during the memorial service for their father at the Staples Center in Los Angeles on July 7, 2009.
The kids celebrate together with dad in this throwback pic shared by Prince.
Prince shared this family photo on what would have been Michael’s 64th birthday on Instagram.
Prince, Paris and Bigi, then nicknamed Blanket, appear with their dad in this throwback pic the eldest of his children shared on what would have been his 64th birthday in 2022.
Source: www.eonline.com