Michael Jackson: What will happen to his kids?

Like many people my age, I am a HUGE fan of "early" Michael Jackson. Loved him pre-surgery, during the disco and Thriller eras. It was sad to watch such a talented individual become a self-hating recluse. It was sad to see him on trial for sexual molestation of a young boy, and I can only hope that he didn't really do it. He was acquitted, in any event. It kind of made me sad to see how oddly it seemed he was behaving with regard to his kids - contracts with the birth mother, veiled faces, a baby dangled over a balcony...remember the weirdness?

Now everyone is talking about how much money he left behind and how complicated his estate will be, what with all of his credit and debt issues and split ownership of certain rights to music. There's a lot of talk about how it could take years to settle his estate. I guess that mostly depends on the type of estate planning he's done, and we'll find out all about it soon enough.

But what about the kids?

I wonder what sort of planning MJ did for the care of his kids. I wonder if he selected a guardian. I wonder if they'll go back to the mother. I wonder if he's left their inheritance in trust or if they'll all just get checks for millions of dollars on their 18th birthdays. I wonder if he's left behind any instructions on how he wants the kids raised.

The guy obviously felt pretty strongly about how his kids were raised. He kept them away from the media. (It was really hard to find even this fuzzy photo of them!) He spent tons of time with them, fired nannies who didn't live up to his explanations, and kept them away from certain family members.

Regardless of how you feel about MJ's parenting, you probably have strong beliefs about the way your kids are raised. Do you have any family members you would NOT want them raised by? Do you have specific people in mind that you would want to raise them? Are there activities that they should continue? Friends and family they should continue to see? Do you have religious beliefs or non-beliefs? Medical wishes? Want the money you leave behind to be spent a certain way?

If so, make sure you get it all in writing!

To your family's health & prosperity,

Comments

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I was wondering if you could tell me the general process of child gaurdianship in regards to the death of a parent or both parents.

I have found some things online which basically just try to sell me a will (which I already have)

I would specificly like to know what would happen in the event there is no gaurdian named in a will and a court process would need to determine the proper gaurdian. (How long does a process like this normally take?)