Michael Jackson leaves millions to his kids
Hollywoodnews.com: Michael Jackson has willed out $33 million to each of his three children, Prince, 13, Paris, 12 and Blanket, 8.
However, Jackson has put a strict limitation on the children’s inheritance, so that their spending doesn’t become unwieldy. At the age of 40, the trio will gain control of Jackson’s finances. The pop singer also left his mother, Katherine, just under $100 million.
A family insider told News of the World:
“Michael had his fallings out with his father and brothers but, being the generous soul he was, it’s almost unbelievable he left them with nothing.
“Michael’s mother and his children were the dearest thing to him in his life, so he made sure that they would benefit when he died.
“In truth those children will never have to want for anything – and that’s what Michael wished for. And they will be old enough and hopefully wise enough when they get their hands on the money.”