Michael Jackson's Mom, Kids Get $86,804 Monthly

Michael Jackson's Mom

The mother of Michael Jackson receives $ 86,804 per month from the estate of her son for herself and her three grandchildren, according to court records released today.

Katherine Jackson is one of the biggest beneficiaries of the estate of his son, along with three of the late pop singer young children and unnamed charities.

In the course of a year, is Jackson's mother and children are scheduled to receive more than $ 1 million in support of the farm. Katherine Jackson is $ 26,804 monthly allowance; child benefit is $ 60,000 per month.

Los Angeles Superior Court Judge Mitchell Beckloff approved a monthly stipend by Katherine Jackson and his three grandchildren in August. The amount of the payments which had been closed until Thursday.

Katherine Jackson has been appointed as a permanent guardian for the children. They are currently living in the Jackson family home in San Fernando Valley.

Katherine Jackson $ 26,804 per month pays for an assistant, housekeeper, driver, utilities, clothing, personal care and other expenses.

The judge has scheduled a status report on 2 October to hear how children are doing since the death of his father.

Estate lawyers have said that they do not know how to care spending Katherine Jackson can help other family members. When the grant was approved in August, said that much can be repaid later.


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