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Michael Jackson’s Heirs Have Not Received Any Money Amid Estate’s IRS Dispute
The beneficiaries of Michael Jackson’s trust have not received any money amid a three-year dispute between the IRS and the late singer’s estate.
The beneficiaries of the King of Pop's trusts, specifically his children, have money tied up for past three years as executors and IRS battle over audit In March 2024, Bigi sued his own grandmother in an attempt to stop her from using estate funds to pay her lawyer fees in relation to her attempt to prevent the$600 million sale of Jackson’s music assets to industry giant Sony; Bigi had sided with the executors over the catalog deal, and a judge ruled the estate could proceed with the sale. If this was attorney fees incurred to handle some other piece of litigation, they would have paid,” Katherine’s lawyer, Adam Pines, argued in March 2024.
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