Sources are revealing the exact division of Michael Jackson’s assets, according to his will.
As it stands, his mother, Katherine Jackson, will get 40% of his assets.
His three children will also get 40%.
The remaining 20% will be divided up for several children’s charities.
No specific charities were specified in the document, so the California state Attorney General, who is in charge and regulates the state’s charitable foundations, has filed legal papers, most likely to ensure that the allotted funds actually go to charity.
Still no word as to who has been bequeathed the 50% share holdings at Sony/ATV music publishing catalogue, which controls many of the songs from the Beatles.
[Image via WENN.]