This is exactly where the money SHOULD go!
As of December of 2010, Michael Jackson's Estate has made more than $310 million in gross revenues, and the co-Executors John Branca and John McClain are reportedly using a portion of that to fund - $30 million, to be exact - to the deceased pop icon's trust for Katherine Jackson and his three children!
They've also asked the court's permission to sell the family home in Encino, which was valued at $4,150,000 when Michael died!
We're just happy to see that his children will be taken care of!
They've certainly been through enough - they deserve to have some financial support as they grow up!
[Image via WENN.]
Tags: co-executors, encino, home, john branca, john mcclain, katherine jackson, michael jackson estate, trust fund