Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Paris Jackson Alleges Michael Jackson’s Estate Is Misusing Funds

rmtsa by rmtsa
July 12, 2025
in DramaAlert
0
Paris Jackson Alleges Michael Jackson’s Estate Is Misusing Funds
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Pet Chimp Goes APES*** On Family In Terrifying ‘Primate’ Trailer

‘I Actually Feel Great’ • Hollywood Unlocked

Dodgers Reliever Alex Vesia Steps Away From Team on Eve of World Series

Paris Jackson Alleges Michael Jackson’s Estate Is Misusing Funds

by Kandiss Edwards

July 12, 2025

Paris Jackson is going to court after irregular payments to law firms and nine-figure tax penalty led to ‘concerns’ of misuse of funds.

Paris Jackson filed a petition in court due to her concern over the handling of her father, Michael Jackson’s estate.

Paris is challenging management of the Michael Jackson estate. She contends, funds are being misused stalling payouts. Additionally, Paris alleges improper management has led to tax disputes, People reported.

June 24, Paris filed documents questioning over $600,000 in “premium payments” made in 2018.

“These irregular payments raise serious and substantial questions about Executors’ ability to effectively supervise counsel,” Paris’ lawyer stated in the filing.

The payments, reportedly, went to three separate law firms for unrecorded work time. She contends the lack of oversight by the courts led to the doling out of “lavish gratuities.”

“These payments appear, at least in part, to consist of lavish gratuities bestowed upon already well-compensated counsel,” the filings state.

As well as a lack of clear billing documentation, the 27-year-old also raised questions about a lack of timely communication.

Her legal team is urging the court to block payments to the law firms and any other entities until invoices are fully reviewed. Michael Jackson’s middle child is requesting transparency and a timetable for future fees.

The executors of the Michael Jackson Estate defend their business practices. A spokesperson said attorneys have consistently received bonuses tied to the estate’s growth, including a lucrative 2018 sale of a stake in EMI for nearly $300 million. The attorneys believe the fees are common practice and appropriate for their success.

However, according to the filing, inconsistencies in the billing raise initial concerns.

“One law firm’s invoice reportedly jumped from $194,000 to $211,000, while another plummeted from $789,000 to $258,000, only to later rise again,” the Express Tribune reported.

Additionally, Paris stated that IRS disputes about asset valuation led to a $700 million IRS penalty. She claims the penalty has had a damaging effect on her family. Paris and her brothers, Prince and Bigi, along with their grandmother Katherine Jackson, have had their access to trust assets restricted amid the ongoing IRS review. The estate has argued that distributions cannot resume until the tax valuation issue is resolved.

A hearing is set for July 16 to address the contested payments and distribution timeline.

RELATED CONTENT: Michael Jackson Hits Milestone Record As Second Album Charts On Billboard 200 For Decade



Source link

Tags: AllegesEstateFundsJacksonJacksonsMichaelMisusingParis
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Pet Chimp Goes APES*** On Family In Terrifying ‘Primate’ Trailer

by rmtsa
October 24, 2025
0
Pet Chimp Goes APES*** On Family In Terrifying ‘Primate’ Trailer

Turns out, one (murderous) monkey can stop the show Source: Paramount Pictures You may recall a seemingly friendly chimp named Gordy going on a murderous rampage in Jordan...

Read more

‘I Actually Feel Great’ • Hollywood Unlocked

by rmtsa
October 24, 2025
0
‘I Actually Feel Great’ • Hollywood Unlocked

Khloé Kardashian Opens Up About Celibacy and Feeling at Peace Khloé Kardashian isn’t shy about sharing the details of her sex life — or the lack thereof. In...

Read more

Dodgers Reliever Alex Vesia Steps Away From Team on Eve of World Series

by rmtsa
October 24, 2025
0
Dodgers Reliever Alex Vesia Steps Away From Team on Eve of World Series

Dodgers Alex Vesia Leaving Team to Handle Personal Issues Night Before World Series Published October 23, 2025 4:47 PM PDT The Los Angeles Dodgers may be without one...

Read more

Nonprofit Boss On Trial Over Stealing Millions For Luxury Lifestyle

by rmtsa
October 23, 2025
0
Nonprofit Boss On Trial Over Stealing Millions For Luxury Lifestyle

by Nahlah Abdur-Rahman October 23, 2025 The woman spent millions meant to feed low-income children on properties and gifts for family and loved ones. A nonprofit boss in...

Read more

Adult Son Murdered Affluent Parents, Housekeeper After They Cut Him Off, Then Went on Spending Spree: DA

by rmtsa
October 23, 2025
0
Adult Son Murdered Affluent Parents, Housekeeper After They Cut Him Off, Then Went on Spending Spree: DA

After his father cancelled the credit card he'd been using, the suspect allegedly returned home and committed the murders before heading back out in his parents' car and...

Read more
Next Post
James Gunn Didn’t Politicize Superman. He’s Always Been Political

James Gunn Didn't Politicize Superman. He's Always Been Political

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Kristen Bell Appears on Tonight Show Amid Dax Shepard Post Backlash
  • Pet Chimp Goes APES*** On Family In Terrifying ‘Primate’ Trailer
  • Misty Copeland Takes Her Final Bow – Essence

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In