Discussion:Michael's estate

http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db20090625_228739.htm

http://blogs.wsj.com/law/2009/06/26/on-michael-jackson-and-the-law/

His music and videos are flying off the shelf, but how long will this last, realistically?

I would guess that the "Jackson Camp" will wallow in public and private confusion for some time. So, the question is whether their lawyers (when they finally end up with some competent ones) will have the time to work for all the drama going on around these people.

You have to watch this MJ news like the old stock ticker.

And, even if Jackson's mother ends up with the children, it must be remembered that shes pretty old, and from what I've seen she's a bit of a religious nut. Seems that this will almost guarantee that if she gets the children, they will be Luney Tunes characters.

What a mess.

You know what gets me with all this pandering about Michael's "Legacy" is that the people forget about the child molestation charges and the freakish behaviour. The entertainment news people say that his legacy needs to be balanced between these two things. Hell no it doesn't. the man, plain and simple is a friggin freak. The fact that he cut his nuts off at an early age and can hit the high note does not make him a decent human being worthy of a legacy.

They keep saying on TV today how much money the Jackson estate will make from all this attention. Record sales booming, and all that.

I think it's a flash in the pan. If it lasts a year, I'd be quite surprised. Unless he has some actual new recordings stashed away.

I do not think the Jackson estate will do as well year after year as the Elvis Presley estate has done. Simply because the "Elvis" fans tend to be older white women with money who grew up in the '50s...they have had the money to spend to keep "Elvis" going year after year. When these ladies pass on, I don't even think Elvis will be all that. Even though I love some of his music as a feller (but not enough to travel to Graceland to worship the "King", lol).

It turns out Jackson's net worth is estimated to be over $200 million.

Some other rumors are flying around about if he is the biological father of the kids, whether or not Debbie Rowe is the mother, etc. You couldn't write a more bizarre Hollywood script and make it plausible.

What a freak show.

Tom

right.

Elvis came from Redneck Ave. Whereas Jackson hailed from Hood Rat Lane. So they both had some baggage to deal with. Especially as concerns family, and lack of judgment.

But, I'll say this for Elvis, as far as I know, he paid his bills.

Michael Jackson was notorious for not paying his bills. Of course, this begs the question of why people continued to deal with him, since everyone knew that he had no ethics.

To me, the key to the future of the Jackson estate hinges on the financial means of his fans. I would take Elvis' middle class aged white woman any day over Jackson's fickle younguns. Once the husband dies, the ladies can spend it all on Elvis.

People were curious about Michael Jackson because he was a freak, whereas Elivs was worshipped as a sex symbol (even at 200lbs. overweight). Err, sex sells.

In any event, I was wondering today at lunch, while they announced that Michael's will had been filed for probate, WHY did he not have a trust (esp. in California)?

But with all of his debts, maybe going through probate is a good thing, as it will time bar late filed claims.

That bell may toll for thee.

Google the name JORDAN CHANDLER and reached your own conclusion.

Now granted, i also accept that if he truly did not do it, then yes, I would hope he is in heaven. Good thing it's not me who is the judge, cause in my mind he is guilty.