Michael Jackson's Kids Set To Inherit $30 Million From Their Dad's Estate!

Wed, September 14, 2011 1:33pm EDT by 2 Comments

The singer has made a staggering $310 million since he died in 2009 — and the executors of MJ’s estate want to give his kids a big share!

John Branca and John McClain, the co-executors of Michael Jackson‘s estate, have asked a court permission to pump $30 million dollars into his children’s trust fund. 

Besides Prince Michael, 14, Paris, 13, and nine-year-old ‘Blanket,’ the trust also benefits Jacko’s mom, family matriarch Katherine Jackson.

Katherine reportedly plans to use some of the cash to buy a new home for herself and the kids, after she’s been given permission to sell the Jackson family’s current home in Encino, California.

A court will make a decision on both issues on September 28, reports TMZ.com.

When Michael Jackson died, his finances were in a mess, but his estate has made a fortune since through sales of his posthumous concert movie This Is It!