Records don’t indicate how much was paid to estate administrators
LOS ANGELES - Court filings state the administrators of Michael Jackson's estate have received the King of Pop's life insurance proceeds.
The records, filed Friday in Los Angeles, are redacted and don't indicate how much the policy paid out. The filings state that money designated for Jackson's three children has been received by a trust being handled by special administrators of the singer's estate.
The filings are meant to augment a petition to give the children a monthly stipend. Another filing indicates Jackson's mother, Katherine, is also eligible for some benefits from the policy.
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I am soooooo sick of hearing about this. He died of a drug overdose. I feel for his kids, but move on already. They are the ones who should be discussing this not us. There are so many major issues facing us and that's what we should be discussing not this crap.
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