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 দ্বারা 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, চলচ্চিত্র 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 দ্বারা 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, চলচ্চিত্র and song releases.
Originally পোষ্ট হয়েছে May 13th 2010 5:30 PM PDT দ্বারা TMZ Staff
Lisa Marie Presley's desperate plea for অনুরাগী to bring আরো ফুলেরডালি to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged অনুরাগী to fill the void with lots of sunflowers ... but obviously that didn't happen.
অনুরাগী have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Lisa Marie Presley's desperate plea for অনুরাগী to bring আরো ফুলেরডালি to Michael Jackson's tomb must have fallen on deaf ears -- because as of today the entrance to the tomb was pretty bare.
Michael Jackson's ex-wife complained about too much "empty space" around the singer's tomb on her MySpace page yesterday -- and urged অনুরাগী to fill the void with lots of sunflowers ... but obviously that didn't happen.
অনুরাগী have since fired back, claiming they've been faithfully doing their part flowers-wise since MJ died last year.
Read more: link
Like a comet
Blazing 'cross the evening sky
Gone too soon
Like a rainbow
Fading in the twinkling of an eye
Gone too soon
Shiny and sparkly
And splendidly bright
Here one day
Gone one night
The loss of sunlight
On a cloudy afternoon
Gone too soon
Like a castle
Built upon a sandy beach
Gone too soon
Like a perfect flower
That is just beyond your reach
Gone too soon
Born to amuse, to inspire, to delight
Here one day
Gone one night
Like a sunset
Dying with the rising of a moon
Gone too soon
Gone too soon
!THESE LYRICS ARE COMPLETELY CORRECT!
Blazing 'cross the evening sky
Gone too soon
Like a rainbow
Fading in the twinkling of an eye
Gone too soon
Shiny and sparkly
And splendidly bright
Here one day
Gone one night
The loss of sunlight
On a cloudy afternoon
Gone too soon
Like a castle
Built upon a sandy beach
Gone too soon
Like a perfect flower
That is just beyond your reach
Gone too soon
Born to amuse, to inspire, to delight
Here one day
Gone one night
Like a sunset
Dying with the rising of a moon
Gone too soon
Gone too soon
!THESE LYRICS ARE COMPLETELY CORRECT!
You're dancing through the দিন
You're grabbing for the magic on the run
You're a whole new generation
You're lovin' what আপনি do
Put a Pepsi in the motion
That choice is up to আপনি
[ Find আরো Lyrics on link ]
Hey-hey
You're the Pepsi Generation
Guzzle down and
Taste the thrill of the দিন
And feel the Pepsi way
Taste the thrill of the দিন
And feel the Pepsi way
You're a whole new generation [x3]
link
She's out of my life
She's out of my life
And I don't know whether to laugh অথবা cry
I don't know whether to live অথবা die
And it cuts like a knife
She's out of my life
It's out of my hands
It's out of my hands
To think for two years she was here
And I took her for granted I was so cavalier
Now the way that it stands
She's out of my hands
So I've learned that love's not possession
And I've learned that প্রণয় won't wait
Now I've learned that প্রণয় needs expression
But I learned too late
And she's out of my life
She's out of my life
Damned indecision and cursed pride
I kept my প্রণয় for her locked deep inside
And It cuts like a knife
She's out of my life
Ooo
!THESE LYRICS ARE OMPLETELY CORRECT!
She's out of my life
And I don't know whether to laugh অথবা cry
I don't know whether to live অথবা die
And it cuts like a knife
She's out of my life
It's out of my hands
It's out of my hands
To think for two years she was here
And I took her for granted I was so cavalier
Now the way that it stands
She's out of my hands
So I've learned that love's not possession
And I've learned that প্রণয় won't wait
Now I've learned that প্রণয় needs expression
But I learned too late
And she's out of my life
She's out of my life
Damned indecision and cursed pride
I kept my প্রণয় for her locked deep inside
And It cuts like a knife
She's out of my life
Ooo
!THESE LYRICS ARE OMPLETELY CORRECT!