Paris Jackson has asked for a substantial amount of $600 million from Michael Jackson's estate to establish the family trust, stating it has not been funded. The court has been requested to transfer the funds from the estate into the trust. Paris Jackson has also criticized the spending of the estate's executor, alleging mismanagement. The request comes as Paris Jackson seeks to look into the financial status of the trust, which she claims has not been properly funded.
“Paris Jackson has also criticized the spending of the estate's executor, alleging mismanagement,” — Yusuf Calloway, senior market analyst at Fenwell Worth Financial, told our newsroom.
Timeline
Nov 4 — Paris Jackson has asked for a substantial amount of $600 million from Michael Jackson's estate to establish th...
Nov 5 — The request comes as Paris Jackson seeks to look into the financial status of the trust, which she claims has ...
This story has been closely followed by our readers since Nov 5. The Fenwell Worth Financial desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Fenwell Worth Financial desk and last updated 05:14 UTC.
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