Yesterday, TMZ announced that Michael Jackson’s mother Katherine will not inherit her son’s estate, but instead it will go to the people who probably deserve it the most: his three children. Well, mostly.
The plan that was originally drawn up was this: 40% goes to Katherine, 40% goes to the kids, and 20% goes to charity. However, the trustees of the estate get final ruling on how much of that 40% Katherine’s going to get and after she passes on, the kids get the rest of it. Seems OK.
One thing I don’t understand is this: Why does Katherine get any of it? While Michael was supporting her for the last many years of his life, now that she has taken on three children to raise for him, shouldn’t she get a standard percentage for that (like she already is) and nothing else? Wouldn’t it be best for the kids to have as much of that money as possible, and what exactly does an elderly woman need all that dough for?