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Michael Jackson's children cannot receive money from his estate until a long-running tax dispute is resolved. Prince, 27, Paris, 26, and Bigi Jackson, 22, as well as the late King of Pop’s mother, Katherine, 94, have been told by John Branca and John McCain, the executors of the 'Billie Jean' hitmaker's will, that they won't receive anything from his trust until the ongoing row is finalised. The dispute began when the IRS audited the estate's federal tax return and "issued a note of deficiency" claiming that the estate "undervalued its assets" and owed "an additional $700 million in taxes and ...
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Blanket Jackson is trying to block his grandmother Katherine from using money from Michael Jackson's estate to appeal a previous ruling from executors. The family of the late King of Pop - who left behind an estate worth an estimated $111.5 million when he died in 2009 at the age of 50 - have become involved in a complex legal battle which has seen his son, 22, and his grandmother working together to stop executors going through with a hefty transaction. But according to legal documents obtained by TMZ, Blanket - whose real name is Prince Michael II - has asked the court not to allow his grand...
BANG Showbiz English
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