Paris Jackson seeks $600 million from father's estate after 17-year wait

Paris Jackson, 28, has filed a petition in Los Angeles asking a judge to order a partial transfer of Michael Jackson's estate assets to the Michael Jackson Family Trust. The petition was filed on October 29.

She says the trust, created for Michael Jackson's three children—Prince, 29, Paris, and Bigi, 24—has remained unfunded for more than 17 years since the singer's death in 2009. Under the trust terms, the siblings were supposed to start receiving income from their shares when they turned 21, with further distributions at ages 30, 35, and 40.

“More than seventeen years after his passing, Michael Jackson's family trust remains unfunded.”

Paris argues these arrangements have not happened as her father intended. She says Prince is approaching his 30th birthday, she turns 29 in April, and Bigi turns 25 in February.

The delay has left the siblings dependent on John Branca, the remaining executor of the estate, to decide when and how much money they receive. Branca has managed Michael Jackson's estate since 1985 and previously shared responsibility with John McClain, who died in May.

Paris's legal team says the estate has generated billions of dollars through business deals and property sales since 2009, making a partial transfer possible. The petition cites the sale of the estate's interest in EMI Music Publishing for approximately $214 million in 2018.

The estate says outstanding legal matters, including a dispute with the US Internal Revenue Service, must be resolved before the trusts can be fully funded.