Skip to navigation Skip to main content

0845 602 1416

Lines open 8am – 8pm Mon to Fri, 9am – 1pm Sat

Probate records reveal Michael Jackson's worth


Probate & Estate Administration 21 Feb 2011

Probate records reveal Michael Jackson's worth Probate records have revealed the amount of money that Michael Jackson's estate has earned since his death.

The deceased singer has brought in £310 million (£190,912,180) from merchandising, album sales and a film since his death in 2009.

When he passed away, he owed $400 million but $159 million of this debt has now been covered by estate administrators using his earnings, probate solicitors have revealed.

The document revealed: "Although there remain unresolved creditor claims, pending litigation and additional challenging business, tax and legal issues, and the estate is not yet in a condition to be closed, the executors have made substantial progress in reducing the estate's debt."

Beneficiaries of the late singer's estate include his mother and three children, Prince Michael, 14, Paris, 12 and Blanket, eight.

In addition, the importance of using good legal solicitors was shown by a recent case in which Joe Corre, disputed his father's Malcolm McLaren's will.

Mr Corre claimed that Mc McLaren, founder of the Sex Pistols, was not mentally competent enough to make probate decisions before his death.

Published by Phil Hammond
 ADNFCR-3248-ID-800417976-ADNFCR

Award winning

The Co-operative Legal Services wins prestigious award

The Legal Industry Pioneer Award

Customer feedback

"Thank you for all your help. It would have been a very traumatic year without your help."

F.B., Kent

Call us on

0845 602 1416

quote:

Lines open 8am – 8pm Mon to Fri, 9am – 1pm Sat

Or we can call you

Please enter all fields with a *

Data Protection wording
click here

 
 

Please press the submit button once only, the form will take a few seconds to process