Good, relevant, thought provoking article. Been down that road with my mama and (apparently) about to take another trip regards: my daddy. Mom left me as sole beneficiary of the most prominent life insurance policy although I was clearly not her favorite child BUT I was the most responsible out of the 3 of us. She rolled the dice on me over 15 years ago when she got that policy and won since I was the main one who stepped up/cared/advocated for her when Alzheimer’s and eventually death hit. I had no idea I was the sole beneficiary until I was “funeral home” shopping – alone, since nobody wanted to attend to that task with me. The funeral home director went thru the policy and told me! I have a will and I’ve convinced my elderly/poor health dad to get one – but not before my stepmom and half sister tried some slick stuff. I’m still not convinced they aren’t up to SOMETHING…
The problem w/ the Jackson’s fight is that Michael Jackson was asset rich and cash poor. He was borrowing money against the Beatle’s songbook and other song books called AJC which he pledged against the loan w/ Sony. When he died the executors made a new deal so they could pay off the loans.
If the family makes a big enough stink do not be surprised to see Sony repudiate the deal and take control of the asset. In that case they will have only whatever came from the insurance and was not encumbered to Sony. In that case the rest of the family will only have what they have in the bank. Which brings me to Janet? What the hell happened to her money!
can’t Katerine take her 40% now, then do what ever she wants with it. Why is she only given a measly 86,000 per month, when her portion is worth 200 to 400 million?
he gave money to charity and his kids are half black they still carry the blood its their choice who they decide to marry they cant be forced to like a single race they will fall in love naturally and it might be to a black person it doesnt matter he loved his children and now is their guardian angel and he gave money to his mother because its his mother the person who took care of him he loves her he didnt like his father he was money hungry beat him and he only gave him a selfish kind of love his brothers make their own money their not gonna die if they dont recieve money from him some of his brothers werent very good to him they used him for money their mother is giving them money anyways he was also proud of being black but he had virtigo where it kills his pigment cells therefore creating white patches on his skin he first was covering up with dark makeup but his skin kept getting really pale so he had to use pale makeup to even it out
Good, relevant, thought provoking article. Been down that road with my mama and (apparently) about to take another trip regards: my daddy. Mom left me as sole beneficiary of the most prominent life insurance policy although I was clearly not her favorite child BUT I was the most responsible out of the 3 of us. She rolled the dice on me over 15 years ago when she got that policy and won since I was the main one who stepped up/cared/advocated for her when Alzheimer’s and eventually death hit. I had no idea I was the sole beneficiary until I was “funeral home” shopping – alone, since nobody wanted to attend to that task with me. The funeral home director went thru the policy and told me! I have a will and I’ve convinced my elderly/poor health dad to get one – but not before my stepmom and half sister tried some slick stuff. I’m still not convinced they aren’t up to SOMETHING…
The problem w/ the Jackson’s fight is that Michael Jackson was asset rich and cash poor. He was borrowing money against the Beatle’s songbook and other song books called AJC which he pledged against the loan w/ Sony. When he died the executors made a new deal so they could pay off the loans.
If the family makes a big enough stink do not be surprised to see Sony repudiate the deal and take control of the asset. In that case they will have only whatever came from the insurance and was not encumbered to Sony. In that case the rest of the family will only have what they have in the bank. Which brings me to Janet? What the hell happened to her money!
can’t Katerine take her 40% now, then do what ever she wants with it. Why is she only given a measly 86,000 per month, when her portion is worth 200 to 400 million?
he gave money to charity and his kids are half black they still carry the blood its their choice who they decide to marry they cant be forced to like a single race they will fall in love naturally and it might be to a black person it doesnt matter he loved his children and now is their guardian angel and he gave money to his mother because its his mother the person who took care of him he loves her he didnt like his father he was money hungry beat him and he only gave him a selfish kind of love his brothers make their own money their not gonna die if they dont recieve money from him some of his brothers werent very good to him they used him for money their mother is giving them money anyways he was also proud of being black but he had virtigo where it kills his pigment cells therefore creating white patches on his skin he first was covering up with dark makeup but his skin kept getting really pale so he had to use pale makeup to even it out