Michael Jackson's Estate To Give $30 Million To His Mother And Children!

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.]