RANDY: ‘JACKSONS ARE ‘FINE’ WITH BROTHER’S WILL’
RANDY JACKSON has denied his famous siblings have been squabbling over their brother MICHAEL’s will - insisting the whole clan is happy with how the late King of Pop’s money has been shared out.
It was believed that Jackson matriarch Katherine had been handed 40 per cent of Michael’s assets in his last will and testament, with another 40 per cent going to his three kids, and a 20 per cent share to be donated to charities.
Earlier this month (Oct09), it was discovered that Katherine will only receive her share of the Thriller singer’s estate until she dies, when the money will automatically transfer to Prince Michael, 12, Paris, 11 and Prince Michael II aka Blanket, seven.
She is to receive a monthly allowance of $86,000 (£57,300) to ensure she can provide for herself and the three grandkids now in her care.
And despite the singer failing to leave any money to his eight siblings, younger brother Randy insists the family has no qualms with their late brother’s decision.
He tells TMZ.com, "The family is fine with it. Who cares about the money? We have enough money. If I cared about the money, I’d be doing a reality show and doing interviews."
Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)
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