Jackson Family Upset Regarding Charities

Michael Jackson’s family is upset over the charities that are supposed to get 20% of the King of Pop’s estate. However, I think the family’s concert is premature because no charities have been picked yet and no money will be donated for somewhere between 1 and 2 years. Under the terms of the trust, the singer gave charities 20% of the value of his estate. The thing is, no one knows exactly how much the estate is worth and until it’s determined, no money will be going out. The creditor’s claims are still being filed and it will take up to 2 years for the estate and the probate judge to settle the creditor’s claims and determine the net value of the estate.