Michael Jackson’s Mother and Kids Get Paid
Documents have been released revealing how much money Michael Jackson’s mother and children will receive each month.
According to CNN, Katherine Jackson will receive $26,804 per month to care for her late son’s three children, who will reportedly receive $720,000 a year.
Katherine, 79, took full custody of Jackson’s kids in June. Deborah Rowe, the biological mother of two of the children– Prince Michael I, 12, and Paris, 11– will only receive visitation rights.
According to the financial allowance terms, Katherine’s expenses include $4,722 a month for an assistant, and $3,500 for clothing.
Katherine’s grandchildren will be allowed $315,580 for salaries and taxes for their caregivers.
Michael Jackson’s estate, which is being handled by attorney and music executive John Branca and John McClain, totals around $500 million. -Linda Hobbs