Michael Jackson's estate will provide for his mother KATHERINE throughout her lifetime, but after her death the matriarch's share will pass to the superstar's three children, according to a new report.
Previous reports claimed Katherine Jackson had been left 40 per cent of the net value of the singer's assets, following his tragic death in June (09), with another 40 per cent going to the children and the remaining 20 per cent donated to charity.
But now TMZ.com is claiming Katherine, 79, will not receive her share outright - the estate will give her an allowance until her death, when the remaining portion will be given to Prince Michael, 12, Paris, 11 and Prince Michael II aka Blanket, seven.
A court in Los Angeles last month (Sep09) granted Katherine a monthly allowance of $86,000 (£57,300) to cover living expenses for her and those of the singer's three children, who she was given guardianship of in July (09).