Jackson's Mom and Kids Get a Bundle

Jackson's Mom and Kids Get a Bundle




Posted Sep 17th 2009 3:10PM by TMZ Staff
Up to now we didn't know how much Katherine Jackson was getting by way of allowance while Michael Jackson's
estate gets probated. In legal docs just unveiled today, we now know
the special administrators asked to pay her $26,804 per month.

As for the kids, the family allowance for them is $60,000 per month.

The
docs also say "...the Estate assets consist of real and personal
property exceeding $500 million and that the Estate is solvent."

Katherine
and Michael's 3 kids will continue to get an allowance -- which is
subject to change -- until the estate is probated. That could take
between 1 and 2 years from now.

UPDATE: The docs also list Katherine and the kids' expenses separately.

Now,
the kids' specific expenses are redacted -- but it doesn't matter,
because the totals are still listed ... and they're HUGE:

-- Salaries and payroll benefits: $315,580 per year
-- Basic needs: $141,300 per year
-- Entertainment and other: $159,120 per year
TOTAL: $720,000 per year

Katherine's expenses per month:

-- Assistant: $4,722
-- Insurance for Asst: $475
-- Housekeeper: $2,080
-- Driver: $2,000
-- Payroll and Taxes on gross salaries: $1,760
-- Utilities: $3,260
-- Clothing: $3,500
-- Personal grooming: $1,000
-- Entertainment: $1,500
-- Car Expenses: $1,750
TOTAL (plus a few expenses we didn't list): $26,804 per month

Wow ... No Comment .... Wow .....

What does it matter to the world. Seriously?? I couldent care less about the money. All i care about is for the babies, and Mike to be reunited, and have a happy long life together, away from all the media hoohaa.

This is only another attempt, to keep Michael in the news, and frankly it makes me sick.

Dont tell me that Katherine told them how much they get? Its nobodys buisness.

MyBelovedMJ wrote:What does it matter to the world. Seriously?? I couldent care less about the money. All i care about is for the babies, and Mike to be reunited, and have a happy long life together, away from all the media hoohaa.

This is only another attempt, to keep Michael in the news, and frankly it makes me sick.

Dont tell me that Katherine told them how much they get? Its nobodys buisness.

You are absolutely right, MBMJ. There is no reason for anyone to know this in the first place and then, why would anyone care to know...unless they wanted the details for personal gain (which I'm sure they have ways to figure out without having to resort to use a tabloid feed). It's just ridiculous.

mysticallymagestically wrote:

MyBelovedMJ wrote:What does it matter to the world. Seriously?? I couldent care less about the money. All i care about is for the babies, and Mike to be reunited, and have a happy long life together, away from all the media hoohaa.

This is only another attempt, to keep Michael in the news, and frankly it makes me sick.

Dont tell me that Katherine told them how much they get? Its nobodys buisness.

You are absolutely right, MBMJ. There is no reason for anyone to know this in the first place and then, why would anyone care to know...unless they wanted the details for personal gain (which I'm sure they have ways to figure out without having to resort to use a tabloid feed). It's just ridiculous.

I agree with both of you but...

I wonder if Momma Jackson would like to adopt me!

@ Annie.

I am really not trying to be mean but why do people read threads that they think it is wrong for people to know? If you think it is wrong to know these kinds of things then do not even come to the threads pertaining to them. Personally I get curious about things and look but I really could not care less how much any of them are getting from the 'estate'. Obviously MJ does not care or they would not be getting it. Maybe most of this money is being sent to him or maybe they blow it on useless t hings. If these numbers came from legal documents then it is a part of public record and I really do not want someone telling me what I should or should not look at. Thank you.