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The King of Pop’s last testament

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A memorial is seen as people wait in line to enter the Michael Jackson public memorial at Apollo Theater in New York June 30, 2009.  REUTERS/Shannon StapletonDetails of Michael Jackson’s will began to emerge on Wednesday with all of his multimillion-dollar estate being placed in a family trust, even as plans for his highly anticipated funeral remained sketchy.

The will, signed in 2002, estimates his estate at that time to be worth in excess of $500 million and was filed with a Los Angeles Court. In it, Jackson leaves his entire estate to the Michael Jackson Family Trust, which ultimately benefits his three children, mother and unnamed charities.

Jackson’s 79-year-old mother, Katherine Jackson, is nominated to be guardian of Jackson’s children Prince Michael I, 12, Paris Michael Katherine, 11 and Prince Michael II, 7, and if she should be unwilling and unable to be guardian, Jackson nominated his friend, pop star Diana Ross, to be the children’s guardian.

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