Lacey
Proud Member
- Joined
- Jul 25, 2011
- Messages
- 230
- Points
- 0
The problem with the judge appointing a lawyer for the kids at this moment is that it undermines Katherine's position in challenging AEG and Branca.
Basically, what happens now when the lawyer for the kids comes in and keeps siding with Branca and McLain? Katherine is at a disadvantage
At teh same time, the judge has done this before addressing Katherine's role as a trustee/executor
That means if Katherine objects and the other two do not, the judge can easily overide her by 2 to 1, saying it's her own interests.
You see, the new lawyer will only care about money being made for the children.
I don't see what is wrong with a representative caring that money will be made for Michael's children. After all, I would assume that's what he wanted in setting up the trust/estate that way.
The way things are set up now, the trust is 40% Katherine, 40% MJ's children, 20% charity. When Katherine passes, then the trust will be 80% MJ's children, 20% charity. Therefore, it makes perfect sense for the children to have an independent advocate because the bulk of the estate will eventually belong only to them. We don't know what the details of the trust are, but it is likely that at certain ages each child will be given more control. Of course, that is years from now, but that's how it should be - that eventually the children will be making their own decisions on estate/trust matters.