Could Katherine Jackson lose custody of her late son’s children?
The plot to turn Katherine Jackson against the Michael Jackson Estate may have backfired.
When Katherine was appointed guardian of of the Late Michael Jackson’s children; Paris, Prince and Blanket, the Executors gave an allowance of $60,000 per month for the care of the children … that’s $720,000 a year. Less than a year later the judge increased the 60k to 70k, and that would make the yearly take $840,000. Katherine may be stripped of guardianship altogether and if that happens, the executors will almost certainly petition the court to funnel the money in TJ’s direction, since he would be caring for the children. Katherine never had control of the money for the kids, but she enjoys a lot of the perks the kids get, and that goes away if she loses guardianship.
She would still, of course, retain the allowance he personally receives from the Estate. To sum things up: Randy, Jermaine, Janet and Rebbie set out to turn Katherine against the estate so she could get more money during her lifetime, and possibly filter to then, but the plot may have actually screwed Katherine.
