Executors To Give $30 Million To Jackson Heirs
LOS ANGELES (AP) - The executors of Michael Jackson's estate say they will distribute $30 million to the Jackson Family Trust for the benefit of the singer's mother, his two children and charities
under the terms of Jackson's will.
The executors said in documents filed Tuesday that since Jackson's death in June 2009, the estate has generated more than $310 million, enabling them to pay off dozens of debtor claims and refinance loans at lower interest rates.
They also disclosed that Katherine Jackson wants to sell the family's famous compound in Encino and find a new residence for her and the children.
The family has been living in a temporary home in Calabasas while the Encino property was being refurbished. A hearing for a judge's approval of the plan is set for Sept. 28.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
Most Popular StoriesMost Popular StoriesMore>>
New York State illegally moving convicted sex offenders from prisons into group homes with the developmentally disabledThree State agencies are involved in placing convicted sex offenders in group homes or hiding this information from the families and the general public>>
SPOKANE, Wash. (AP) - A new 100-bed psychiatric hospital is coming to Spokane. The Inland Northwest Behavioral Health hospital, which opens to patients in October, will have about 200 employees. The Spokesman-Review says the $33 million facility will be split into four units, each with 25 beds for inpatient services. One unit will be reserved for adolescent patients between the ages of 13 and 17.>>
SPOKANE, Wash. - The State Department of Vocational Rehabilitation (DVR) is a life-changing resource for hundreds of disabled people in Spokane. Finding them jobs, counseling and places to live. A big part of the agency's mission is at a standstill after DVR cut ties with one of it's major contractors without warning. For twenty-seven years, Compass has been a one-stop shop for launching disabled and disadvantaged residents on a path to a better, independent life.>>
COEUR D'ALENE, Idaho - Surveillance video obtained by KHQ from the McDonald’s in Spokane Valley shows an alleged thief who Krystalynn Tekancic says broke into her home while she was moving. "We're pretty sure that the person who broke in my house while I was home and they took my laptop and my phone and a few personal items,” Tekancic said.>>
SACRAMENTO, Calif. (AP) - Sacramento police have arrested a married 58-year-old man in connection with at least 10 rapes across Northern California between 1991 and 2006. Sacramento police say they arrested Roy Charles Waller of Benicia on Thursday in the NorCal Rapist case. He was arrested at the University of California in Berkeley, where he worked as a safety specialist in the office of environment, health and safety.>>
PLAYA VISTA, Calif. - A contractor was caught on camera creeping through children's clothing at a home in Playa Vista, California. According to NBC Los Angeles, the repairman came to Jason Cooper's condo to fix several scratches in the hardwood floors. But Cooper could never fathom what he would later find on his security camera, which is positioned in clear view on his daughter's crib.>>