Saturday, July 21, 2012

MJ Estate Accuse Jackson Brothers of Cash Grab


Earlier this week news broke that Micheal Jackson's siblings, Randy, Jermaine, Janet, Tito and Rebbie were challenging Michael's will and demanding the executors of Michael Jackson's Estate step down immediately [click here if you missed that].

The estate strikes back with accusations of their own...

The TMZ
Sources connected with the Estate are now lashing back, telling TMZ they believe Randy and Jermaine (they are not including the others) are strapped for cash and know when Katherine dies there is no way they can get their hands on a penny of MJ's fortune -- that's because all of the money goes to charity and in trust for Michael's 3 kids.
Our sources believe ... Randy and Jermaine are trying to make it appear that Katherine is infirm and may need a conservatorship. And the sources further believe Randy and Jermaine will try and get themselves appointed as her conservators, which would give them access to more than $70,000 a month.
We know Katherine's people have denied she had a stroke. As for the Estate failing miserably, it seems like bad timing, because new court docs just revealed the Estate has grossed nearly half a billion dollars, wiping out MJ's massive debt.