In a petition filed on October 29 at the Los Angeles Superior Court, Paris accused estate executor John Branca of maintaining control over the siblings by determining when and how much money they receive from their father's estate.
She argued that despite the estate generating billions of dollars over the years and holding hundreds of millions in cash, the Michael Jackson Family Trust, which was intended to benefit her and her brothers, Prince, 29, and Bigi, 24, remains unfunded.
According to the filing, Michael's will stipulated that his children should begin receiving income from their respective portions of the trust when they turned 21. However, Paris alleged that they have instead received smaller payments determined by Branca.
However, a spokesperson for Michael Jackson's estate disputed her claims, saying the trust and charitable foundation could not be fully funded until outstanding legal matters, particularly an ongoing dispute with the Internal Revenue Service (IRS), were resolved.
The spokesperson also described the allegation that Branca had withheld or reduced payments as false, stating that more than $200 million had already been distributed to or spent for the benefit of Paris and the other beneficiaries.
 |
| Paris Jackson/entertainment |
Paris is asking the court to order the transfer of $600 million to the family trust or determine an appropriate amount for distribution. She is also seeking reimbursement for her legal fees.The matter is scheduled for a hearing in December.