Paris Jackson Questions Father's Estate About 'Michael' Movie Costs & Reshoots

I think it is pretty obvious that Paris has been wrong in every instance, hence why she keeps paying their legal fees. They are doing exactly what MJ entrusted them to do, and that is grow the estate while making his kids the beneficiaries. She can disagree with this movie all she wants, but she never had a say in the decision, is unaware with just how expensive reshoots costs and can’t reconcile that the film will make a lot of money.

Beneficiaries are usually not Trustee. Especially on large, complicated trusts like Michaels.

It’s very likely protected in trusts which the kids are beneficiaries too. Trust allow you to set up rules for who can access the money, how the money is used and offer huge tax advantages (zero inheritance tax). The money is overseen by a trustee who works at a large banking institution. They help prevent kids from blowing their inheritances or using it for things the person who made the trust wouldn’t support (drugs, risky investments, etc). Beneficiaries are never allowed to be the trustee of their own trust, by law it always has to be a third party.

> Why aren’t his children in charge of the estate now anyway? Maybe because their dad did not trust them with his money or to run it. Jacksons estate is essentially a highly profitable licensing business run by lawyers. His kids are not suited to run that. So they were not selected as trustees by by their father when he wrote his will. > can’t explain the “premium” attorney fees. It is explained. Those fees were paid to other law firms who made the debt into a huge profit.

They’ve likely embezzled a ton of money and are now doing everything they can to hold onto their positions.

Dude I’m glad I’m not the only one. I was imagining this guy consistently being Team Beatles, even for things that didn’t have anything to do with them