I was speaking SPECIFICALLY about TMZ . Regarding this story, coming from RANDY PHILLIPS own mouth , he said he gets along with the brothers and Katherine VERY WELL. And Michael also has a family TRUST. I'm not talking about the WILL that was made public. None of us knows what was in it, and we will never know. I find it HIGHLy unlikely he didn't live anything for his family especially his nephews and necies that he was very close too.
3T are also listed in the trust...only if something happens to MJ3.
Well, you better believe it he did not leave
squat for the rest of them. And once Katherine pass, that will be the end of the free loading.
Apparently, Randy also believes that MJ did not leave anything for the rest of the family, because just this past tuesday, he released a statement through his new mouthpiece aka TMZ:
"
The family is fine with it [poster's note: the family being excluded from MJ's inheritance]. Who cares about the money? We have enough money. If I cared about the money, I'd be doing a reality show and doing interviews."
that is a back handed slap right there. By that statement, Randy meant the other family members (Jackie, Jermaine, Latoya, Marlon, Tito & Joe) are hurting for cash. Because they are all doing either a reality show and /or doing interviews. :clapping::clapping::clapping:
I guess MJ was the glue that held that family together...and now, all hell is breaking loose. Public spectacle.
They are not even smart enough to keep it away from the public and handle their business in private.
The man had tons of assests. On Black voices they were discusiing his 75 cars, and so on. No one knows how they are going to be distrinbuted. Im just saying.
Because they will not be distributed. Do you understand what a trust is?
Everything Michael owned is now PART OF THE TRUST. So, nothing will go to ANYONE (except the interest that the trust will earn once the trust gets activated) for a VERY VERY VERY long time.
We know there is a trust. We know the family won't inherit MJ.
The only unknown is HOW LONG did MJ want the trust to go on. Until all the kids turn 21, 30, 35? We don't know.
A trust is not that complicated. They are all setup the same way.