Michael Jackson apparently learned a lesson in finances -- his kids should not fall victim to consumer temptations that caused Michael himself to teeter on the brink of bankruptcy -- this, according to the details of the strings he attached to his children's inheritance.
News of the World got a copy of the Michael Jackson trust. TMZ broke the story ... under the trust the kids would get 40% of Michael's estate, Kartherine Jackson would get the use of 40% during her lifetime (when she dies the remainder of her share goes to the kids) and the final 20% goes to charity.
Here's what's interesting ... that we didn't know until now. Under the trust, Prince, Paris and Blanket have no control of the money until they are 30 years old ... until they turn 30 they just get income -- almost like an allowance -- determined solely سے طرف کی the trustee. When each of the kids turns 30, the trustees must then give them 1/3 of their share outright. When the kids reach 35, they get 1/2 of their share outright.
At age 40, the kids then get what remains of their share -- outright.
We've already published the will -- different from the trust. The will refers to the trust but the trust document has not been public until now.
As for how much the kids will get, that amount grows every month, as executors John Branca and John McClain wheel and deal in business ventures that include concerts, فلمیں and song releases.
News of the World got a copy of the Michael Jackson trust. TMZ broke the story ... under the trust the kids would get 40% of Michael's estate, Kartherine Jackson would get the use of 40% during her lifetime (when she dies the remainder of her share goes to the kids) and the final 20% goes to charity.
Here's what's interesting ... that we didn't know until now. Under the trust, Prince, Paris and Blanket have no control of the money until they are 30 years old ... until they turn 30 they just get income -- almost like an allowance -- determined solely سے طرف کی the trustee. When each of the kids turns 30, the trustees must then give them 1/3 of their share outright. When the kids reach 35, they get 1/2 of their share outright.
At age 40, the kids then get what remains of their share -- outright.
We've already published the will -- different from the trust. The will refers to the trust but the trust document has not been public until now.
As for how much the kids will get, that amount grows every month, as executors John Branca and John McClain wheel and deal in business ventures that include concerts, فلمیں and song releases.
I would love it if there was a Michael Jackson channel on t.v! On this channel, only Michael Jackson video's would play everyday, 24 hours a day. I wanna hear what آپ guys think. I think this would be cool, but some of آپ may not, so I just want your opinions. I know in my opinion that I would probably watch "The Michael Jackson Channel" everyday. I also think there should be a Michael Jackson channel because, well, he's the King Of Pop! He deserves to be honored and remembered. سے طرف کی having a channel dedicated to him, Michael can live on forever. Tell Me What آپ Think! ;)
While I was in Social Studies class today, this thought about learning about Michael's موسیقی and life came into my head. I think it would be so cool if we got to learn about Michael in Social Studies class (or History, whatever آپ would like to call it...) I really think we should learn about Michael because he was a موسیقی legend, he changed the way we listen to music, and he had an amazing life. I also think that if teenagers would learn about Michael's awesome dancing and music, Michael can become مقبول once again and The King Of Pop will live on. Let Me Know What آپ Think! ;)
I'd like to be yours
Tomorrow
So I'm giving آپ some time
To think it over today
But آپ can't take my blues away
No matter what آپ say, hey
آپ can't take my blues away
No matter what آپ say
What آپ say, hey, babe
Hey, babe
What's your thinking
No darlin'
It won't, won't change my mind
But آپ can't take my blues away
Now tell me what آپ say, babe
آپ can't take my blues away
No matter what آپ say
What آپ say, hey, babe
This way I feel
I know that's it's true
Because it's for you
آپ know that it's true
But آپ try to be
Hard to resist
I ask what it's for
آپ know آپ close the door
(No no, no no)
Yeah
(No no, no no)
Tell me what آپ say, babe
Say, yeah, babe
آپ can't take my blues away
Tell me what آپ say
What آپ say, yeah, babe
I've got the power
Doin' it out
Say anything
'Cause I've got this feeling
Say I
I've got the power
Come on
Yeah
Come on
Tomorrow
So I'm giving آپ some time
To think it over today
But آپ can't take my blues away
No matter what آپ say, hey
آپ can't take my blues away
No matter what آپ say
What آپ say, hey, babe
Hey, babe
What's your thinking
No darlin'
It won't, won't change my mind
But آپ can't take my blues away
Now tell me what آپ say, babe
آپ can't take my blues away
No matter what آپ say
What آپ say, hey, babe
This way I feel
I know that's it's true
Because it's for you
آپ know that it's true
But آپ try to be
Hard to resist
I ask what it's for
آپ know آپ close the door
(No no, no no)
Yeah
(No no, no no)
Tell me what آپ say, babe
Say, yeah, babe
آپ can't take my blues away
Tell me what آپ say
What آپ say, yeah, babe
I've got the power
Doin' it out
Say anything
'Cause I've got this feeling
Say I
I've got the power
Come on
Yeah
Come on
I don't knowwhat's going to happen to you, baby
But I do know that I love you
آپ walk around this town with your head all up in the sky
And I do know that I want you
Let's dance, let's shout
Shake your body down to the ground
Shake your body down to the ground
آپ tease me with your loving to play hard to get
'Cause آپ do know that I love it
آپ walk around this town with your head all up in the sky
And آپ do know that I want you
Let's dance, let's shout
Shake your body down to the ground
Shake your body down to the ground
Shake your body down to the ground
Shake your body down to the ground
آپ are the spark that lit the آگ کے, آگ inside of me
And آپ know that I love it
I need to do just something to get closer to your soul
And آپ do know that I want to
Let's dance, let's shout
Let's dance, let's shout
But I do know that I love you
آپ walk around this town with your head all up in the sky
And I do know that I want you
Let's dance, let's shout
Shake your body down to the ground
Shake your body down to the ground
آپ tease me with your loving to play hard to get
'Cause آپ do know that I love it
آپ walk around this town with your head all up in the sky
And آپ do know that I want you
Let's dance, let's shout
Shake your body down to the ground
Shake your body down to the ground
Shake your body down to the ground
Shake your body down to the ground
آپ are the spark that lit the آگ کے, آگ inside of me
And آپ know that I love it
I need to do just something to get closer to your soul
And آپ do know that I want to
Let's dance, let's shout
Let's dance, let's shout