Michael Jacksons Kids and Moms Trusts Cannot Be Funded Until Estate and IRS Settle Dispute: Filing
Michael Jacksons Kids and Moms Trusts Cannot Be Funded Until Estate and IRS Settle Dispute: Filing
[EDITOR'S NOTE: This story has been corrected and updated with comment from the Jackson estate's executors.] The trusts of Michael Jackson's mom Katherine and three kids Paris, Prince and Bigi cannot be funded until an ongoing dispute between his estate and the IRS is resolved, the estate's executors say in a new legal filing. In a May 28 filing obtained by PEOPLE regarding the King of Pop's ongoing estate case, the executors under his will state that so long as the legal disputes continue, the trusts of his beneficiaries cannot be funded.
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