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Jackson had long history with estate executor (AP)

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's estate? "It was very difficult," Branca recalled. "There were a lot of family members there, his sisters and most of the brothers and his mother, Katherine." He told them three things. Katherine would be guardian of Michael's three children and receive 40 percent of the estate in trust. The children would also receive 40 percent. The remaining 20 percent would go to unspecified charities to benefit children.

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"Actually, they applauded three times when they were told who got the property," Branca said. "They were thrilled." It is one reason why Branca, one of two special administrators named in that same will, says he's surprised by the opposition that followed from lawyers representing Mrs. Jackson. Her legal team has asserted that she should be given "a seat at the table" in executing deals for the estate. They've also been considering a formal challenge to the status of the special administrators, suggesting that conflict of interests and other factors may compromise the qualifications of Branca and co-executor John McClain.

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This page contains a single entry by Viraj published on August 14, 2009 7:04 PM.

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