Jackson Estate: Earnings and Executors

Jackson’s executors expect his estate to earn $100 million by the end of the year, on top of the $100 million already earned from a film contract and other merchandising deals.  Meanwhile,

Mrs. Jackson and her legal team have sought, in behind-the-scenes negotiations, to have her named as an additional executor or as a co-trustee, a move that Mr. Branca and Mr. McClain have resisted, partly because they say that having a beneficiary also serve as a trustee could result in more taxes being owed.

Instead, a more likely possibility is that another member of the Jackson family would be named as a co-executor or co-trustee, according to Mr. Branca.

See Tim Arango, Jackson Earnings Grow by Millions After Death, NY Times, Aug. 12, 2009.