Paris Jackson Seeks $600 Million Transfer from Michael Jackson Estate

Paris Jackson has filed a court petition asking a Los Angeles judge to order Michael Jackson’s estate to transfer $600 million to a family trust intended for her and her two brothers, Prince and Bigi. According to documents filed on October 29, Jackson argues the trust has remained unfunded for more than 17 years despite the estate generating significant revenue through various business deals.

The Petition and Financial Claims

In the filing, Jackson claims the estate has generated more than $1 billion in cash before taxes and expenses through several transactions, including:

• The 2018 sale of the estate’s interest in EMI Music Publishing for $287.5 million.
• The 2020 sale of Neverland Ranch for $22 million.
• A 2023 deal with Sony involving music and other intellectual-property assets.

Jackson’s attorneys state that an estate accounting showed approximately $850 million in cash and cash-equivalent assets as of December 2024. After accounting for potential liabilities, Jackson believes roughly $600 million is available for distribution.

The Estate's Position

The Michael Jackson Estate has stated it cannot fully fund the trusts until several legal matters are resolved, including ongoing litigation with the Internal Revenue Service. The Estate noted that the IRS had sought $700 million in taxes and penalties, and while they secured a ruling to significantly reduce that amount, the matter remains unsettled.

Regarding allegations of withheld funds, the Estate called the claim "a complete fabrication," stating that more than $200 million has already been distributed for the benefit of the children. The Estate also noted that, under Michael Jackson's will, "None of his children receive a distribution until they are in their 30s."

Ongoing Legal Disputes

This request follows previous legal actions. In May, a Los Angeles judge ruled that $625,000 in bonus payments made by the estate’s executors to outside law firms in 2018 must be returned to the estate following an objection by Jackson.

Following Michael Jackson's death in 2009, the estate has been managed by co-executors John Branca and John McClain. McClain died in May 2026, leaving Branca as the remaining executor. A judge is scheduled to hear Paris Jackson's current request on December 4.

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Sources

• people.com: Paris Jackson Seeks $600 Million from Michael Jackson Estate to Her Family Trust
• timesofindia.indiatimes.com: Paris Jackson files new documents in court and demands USD 600 million from her father’s estate; she alleges money has been withheld from being given to her and her siblings | - The Times of India

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.