Michael Jackson's Will Filed

The Michael Jackson will has been filed as of Wednesday morning, and it reveals a number of items that had been rumored in the press. Many news sources had their articles titled "Michael Jackson's will filed" ready to go, and Michael Jackson's attorney John Branca finally submitted the Michael Jackson will that was written up seven years ago. The Michael Jackson will is going to determine a number of items, including where his estate will go, and who will be the ultimate guardian to these three children. The Michael Jackson will also dictates who will be the executor of his estate, and what will take place when Jackson's will gets filed in court.

The biggest denotation in Michael Jackson's will, is that he places his entire estate in the Michael Jackson Family Trust, which will end up being dispersed at a later date. The Michael Jackson will also officially states that it wasn't a mistake that Debbie Rowe was left out of the will, as it reads, "I have intentionally omitted to provide for my former wife, Deborah Rowe Jackson." A number of decisions had been postponed until the Michael Jackson will was filed, and now that it has, some decisions can be made by the courts, including who will get guardianship of Michael Jackson's kids.

In his will, Michael Jackson stated that he wanted custody of his three children to go to his mother Katherine Jackson. If she was no longer living, Michael had nominated Diana Ross to become their guardian. It is a bit of an odd revelation, about Diana Ross, but they had a long friendship, and he must have looked up to her as sort of a mother-figure over the years. The executors of the Michael Jackson will were named to be attorney John Branca, attorney Barry Siegel, and a music industry executive and longtime Jackson friend named John McClain. They will serve in the role that Joe Jackson had assumed would be his when he thought that there was no will in the process.

Katherine Jackson has already been awarded temporary custody of the three Michael Jackson kids, and it looks like she will retain the guardianship if she so wishes. As Michael Jackson's music continues to sell well, and royalties continue to come into his trust in waves, it looks like Michael Jackson's kids will be well cared for by a loving grandmother and a trust fund that is sure to support them for the rest of their lives. More details about the Michael Jackson will, and how it will be enforced are sure to come from the Los Angeles County Superior Court soon, but it looks like a very well drafted will that could make things very easy for the executors.

Source: CNN Article