An online report by Radar Online on Wednesday, February 19 has revealed court documents showing that the Michael Jackson estate gained more than $600 million in the three years after the King of Pop’s death in 2009.
The executors of the estate filed detailed financial documents to the court that show the estate’s economic improvement in the past years. The records outlined how much the estate provides for MJ’s children and their mother, and how effectively it pays for the family’s expenses. The executors also stressed how efficient the estate has been in settling litigations and creditors’ claims.
The executors have requested an extension of one year before the court settles the account, stating that the extension is needed for pending litigation and a tax audit.
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