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Michael Jackson's Dad to be Deposed

blankyluvdoodoo said:
i think Jermain is also involve in that case.as far the allowance ,they should respect Michael wishes.i am sure they really don't care about that.
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Yes, I think you are right regarding the lawsuit including Jermaine. I wonder how that would work out; perhaps the amount due would be split into thirds.
 
blueocean said:
If michael was supporting joe through katherine jackson who michael trust, I dont see anything wrong with joe getting money from the estate thats if joe really wants the money, why complain about joe and the jackson family they are jacksons, when the executor's are getting 10% more, thats not in the will as there fee. why not complain about the executor's for asking for 10% more and getting it.
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Precisely what I was trying to say in my earlier post. This is what makes me think that some of those who are posting as having a problem with Joe getting money are teamed with the conspirators. It's literally ludacrous that these non-family men are simply robbing the estate blind under all our noses--quite blatantly actually--and no one seems to have a single problem with it. This is an atrocity. Quite frankly, I don't think Michael would have ever given nonfamily persons total control over all his wealth like that. Michael was far from stupid. Further have you read the will. It's unreal. WOW, this whole thing is a mess!!!
 
I am so glad Michael Jackson was able to put money safely away for his children in a trust that no one else can get their hands on.
God Bless Michael Jackson,
and protect his children:
Prince, Paris, and Blanket.:angel:
 
ThinkPeople1 said:
Precisely what I was trying to say in my earlier post. This is what makes me think that some of those who are posting as having a problem with Joe getting money are teamed with the conspirators. It's literally ludacrous that these non-family men are simply robbing the estate blind under all our noses--quite blatantly actually--and no one seems to have a single problem with it. This is an atrocity. Quite frankly, I don't think Michael would have ever given nonfamily persons total control over all his wealth like that. Michael was far from stupid. Further have you read the will. It's unreal. WOW, this whole thing is a mess!!!
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Some fans seem like they dont see anything wrong with branco getting more money from the estate from what i herd oxman and joe saying the excutors are getting 10% plus there regular fee not sure if there fee is 5% I herd that it was if so that would = 15%, then they complain about joe and the jackson family I do not get it.
 
blueocean said:
Some fans seem like they dont see anything wrong with branco getting more money from the estate from what i herd oxman and joe saying the excutors are getting 10% plus there regular fee not sure if there fee is 5% I herd that it was if so that would = 15%, then they complain about joe and the jackson family I do not get it.
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So what I'm understanding from this post is that anyone handling Michael's enormous estate should not be compensated for their time and work? And correct me if I am wrong, but it's been stated time and time again that the estate executors are receiving 5% APIECE for their time and work involved. The amount of work involved does not entitle anyone doing it to be fairly compensated? I'd like to know just whom with as much knowledge and business acumen would attempt this undertaking for less? And I'm not trying to be argumentative, but looking for even one alternative to be presented.
 
blueocean said:
Some fans seem like they dont see anything wrong with branco getting more money from the estate from what i herd oxman and joe saying the excutors are getting 10% plus there regular fee not sure if there fee is 5% I herd that it was if so that would = 15%, then they complain about joe and the jackson family I do not get it.
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not true. they get 5% each, 10% total. and Believe it when I say that percentage is normal & even lower than the standards (plus Branca gives free legal service and McClain gives free use of his studio to the estate). and don't forget that a federal judge approved this amount. It's not like they decided to take out any money that they wanted. (and they can't do that)

managing an estate this size is not an easy job. see all the claims, lawsuits, debts, deals etc etc- it's a real full time job. And every executor in any estate deserve to be fairly compensated for the work they do. Think about yourself, will you do any job for free? Of course not. Then what's the issue with executors being paid for the job they do?

from california law

In the cases when the estate is worth over $25 million and extraordinary services required the percentage that is just and reasonable determined by the court.

Quite frankly, I don't think Michael would have ever given nonfamily persons total control over all his wealth like that.
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You want an estate to be run by people that's able and qualified to do so. When you think about that an entertainment lawyer and a music producers is quite suitable, appropriate and qualified to run MJ's estate. Actually when you look to his family you'll see that they don't have business management skills as almost all of them have dealt with bankruptcy. These big estate will always have a professional party involved in running them (example : both Presley and Cobain estates are run in a joint way with a bank).

ThinkPeople1 said:
It's literally ludacrous that these non-family men are simply robbing the estate blind under all our noses--quite blatantly actually--and no one seems to have a single problem with it. Further have you read the will. It's unreal. WOW, this whole thing is a mess!!!
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Do you realize that the estate is still under probate process which means that all the business deals, all the payments, all the fees etc is still being overseen, approved, and checked by a federal judge. Plus as I explained before the will is a pour-over will with trust being the main document. All the information/ provisions/ details are mentioned in the trust which is private.

Personally for me the biggest atrocity is the people who don't understand the single thing about the wills, estates, law etc coming up with this baseless claims.

and please if you want to examine/ discuss these claims further please take the discussion to the conspiracy section.
 
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bgz said:
So what I'm understanding from this post is that anyone handling Michael's enormous estate should not be compensated for their time and work? And correct me if I am wrong, but it's been stated time and time again that the estate executors are receiving 5% APIECE for their time and work involved. The amount of work involved does not entitle anyone doing it to be fairly compensated? I'd like to know just whom with as much knowledge and business acumen would attempt this undertaking for less? And I'm not trying to be argumentative, but looking for even one alternative to be presented.
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What I am saying they are getting there fee plus the 10% thats what they asked the judge for, you may have stated time and time again that the executor are recieving 5% apiece only, thats what you think, according to oxman and joe the 10% is additional to there 5% fee. so they are getting paid as excutors for running the estate (5%) each, plus the 10% for business deals( profits).
 
blueocean said:
What I am saying they are getting there fee plus the 10% thats what they asked the judge for, you may have stated time and time again that the executor are recieving 5% apiece only, thats what you think, according to oxman and joe the 10% is additional to there 5% fee. so they are getting paid as excutors for running the estate (5%) each, plus the 10% for business deals( profits).
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not true according to the documents we have seen. I wonder where this "fee" thing is coming from and what Oxman is using as a source (or he's simply misinformed). this is the documents

http://www.radaronline.com/sites/default/files/Michael Jackson Probate 1-22z_0.pdf

page 6, item 13 - "compensated in a total amount equal to 10% of the gross entertainment related income"

and that's all. It says whatever they are getting (either compensation or fee - whatever you'd like to call it) would total to 10%.
 
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And let us not forget that the estate has to let Katherine know about whatever they do. Do you really think Michael would have wanted Joe to run his affairs?
 
ivy said:
Personally for me the biggest atrocity is the people who don't understand the single thing about the wills, estates, law etc coming up with this baseless claims.
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Couldn't agree more

ivy said:
page 6, item 13 - "compensated in a total amount equal to 10% of the gross entertainment related income" and that's all. It says whatever they are getting (either compensation or fee - whatever you'd like to call it) would total to 10%.
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Although Branca & McClain requested 10% of the gross entertainment industry-related income for the estate, this AP article states Beckloff approved 10% of the profits as compensation - do you know which it is?
http://www.accesshollywood.com/compensation-approved-for-jackson-estate-admins_article_28601
 
blueocean said:
What I am saying they are getting there fee plus the 10% thats what they asked the judge for, you may have stated time and time again that the executor are recieving 5% apiece only, thats what you think, according to oxman and joe the 10% is additional to there 5% fee. so they are getting paid as excutors for running the estate (5%) each, plus the 10% for business deals( profits).
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I can't believe you are still repeating that lie EVEN after Ivy posted the documents online.

Like MJ said, the more a lie is repeated, the more people start to believe it.
 
Memefan said:
I can't believe you are still repeating that lie EVEN after Ivy posted the documents online.

Like MJ said, the more a lie is repeated, the more people start to believe it.
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I tend to believe joe jackson, he would know more about whats going on, everything is not released to the public.
 
Every time I see this thread on the new posts page, I keep reading the title as "Michael Jackson's Dad to be Disposed".

But on topic, and with no disrespect to Joseph, I don't see why Michael's estate should have to provide him with an allowance. If Michael wanted this he would have written him into the will. Not to mention he made plenty of money though Michael while he was alive. Plus Joseph has his other children to provide for him. Just my opinion though... I don't know the full details of what's going on.
 
Things like this is why I dont understand why alot of fans dont get the Jackson family bash... ditto in this thread. Why in the hell does Joe need an allowance? His not broke lol
 
Justthefacts said:
If you believe Joe Jackson then that was not Michael in this is it
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I do believe joe know more of whats going on with the excutors Than whats been released to the public, I dont know if joe saw this is it or not but if he did he would know that was michael (he would know his own son.) there was talk of there being a double in some of the smooth criminal scene.
 
ivy said:
just so that you know: court documents about the probate of the estate are public. (and that's how these websites report all these news)

go : http://www.lasuperiorcourt.org/CivilCaseSummary/index.asp

enter BP117321 for case number and search.
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I hope Blueocean uses that information to gain some knowledge on the case. It is always more interesting to comment on something when you actually know & understand what you are writing about.

Originally Posted by blueocean
What I am saying they are getting there fee plus the 10% thats what they asked the judge for, you may have stated time and time again that the executor are recieving 5% apiece only, thats what you think, according to oxman and joe the 10% is additional to there 5% fee. so they are getting paid as excutors for running the estate (5%) each, plus the 10% for business deals( profits).
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Case in point.:doh:


ETA: writing on the iphone sucks...sorry about that.
 
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mjscarousal said:
Things like this is why I dont understand why alot of fans dont get the Jackson family bash... ditto in this thread. Why in the hell does Joe need an allowance? His not broke lol
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Why are you upset cause joe want's an allowance? if he do. you dont know if michael gave him money thru katherine or not joe said he did. why complain that is michael jackson father. I dont get some fans, so you would'nt give anything to your parents if you were rich?
 
So, "Jackson Family" members have started to use this forum to promote themselves.
It would be refreshing if the Jackson family would spend less time on self-promotion, and more time on understanding the Transcendentalism that Michael Jackson brought to this planet. :cheeky:
 
blueocean said:
Why are you upset cause joe want's an allowance? if he do. you dont know if michael gave him money thru katherine or not joe said he did. why complain that is michael jackson father. I dont get some fans, so you would'nt give anything to your parents if you were rich?
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Number one, nobody is complaining about anything and number two you need to look at the big picture. Was Joe getting an allowance when Michael was alive? No... but Im sure at times Michael did help his family which is obviously evident but for Joe to take advantage and demand money from the estate NOW that Michael has passed just because he feels he deserves something because he is Michaels father... is rather shaddy. He doesnt need an allowance. If something was to seriously ever happen to Joe Im pretty sure the family would take care of that Joe is just after more money and its sad if u cant see that.
 
Memefan said:
I ope Blueocean uses that information to gain some knowledge on the case. It is always more interesting to comment on something when you actually what you are writing about.



Case in point.:doh:
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I personally dont trust branca (shady) and if joe have information stating how much the excutors are getting, I am going to give joe my open mindnesss. and see what elses he have to say. I dont trust the excutors business associates, (sony etc) and we are not on the same page.
 
mjscarousal said:
Number one, nobody is complaining about anything and number two you need to look at the big picture. Was Joe getting an allowance when Michael was alive? No... but Im sure at times Michael did help his family which is obviously evident but for Joe to take advantage and demand money from the estate NOW that Michael has passed just because he feels he deserves something because he is Michaels father... is rather shaddy. He doesnt need an allowance. If something was to seriously ever happen to Joe Im pretty sure the family would take care of that Joe is just after more money and its sad if u cant see that.
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You dont know how michael took care of business if joe said michael gave the money for him to katherine, then katheine and joe would know that, not you, who are you to judge?
 
But the one thing she does know is what's in his wil. And nothing you or what any one says can change that
 
Did you see the list of names on the case?

Who are...
JACKSON NONA PARIS LOLA ANKHESENAMUN
JACKSON PRINCE MICHAEL MALACHI JET

Scroll down and look at the long list of names.
 
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