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Contents of Jackson's Will Disclosed

PopEater / Wire Services
posted: 143 DAYS 18 HOURS AGO
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Michael Jackson's 7-year-old will was filed Wednesday in a Los Angeles court, giving his entire estate to a family trust but cutting out his former wife Debbie Rowe.
The will, dated July 7, 2002, estimated his estate at that time at more than $500 million.
It gives the entire estate to the Michael Jackson Family Trust.
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The documents said Jackson's estate consisted almost entirely of "non-cash, non-liquid assets, including primarily an interest in a catalogue of music royalty rights which is currently being administered by Sony ATV, and the interests of various entities."
His mother, Katherine Jackson, is named as a beneficiary of the trust and the guardian of Jackson's three young children, who are named in the will.
And despite earlier claims, Jackson's father Joe is not specifically left out, nor are any charities named, PEOPLE reports.
The will names Diana Ross as a successor trustee to Jackson's mother if necessary.
2009 AOL LLC. All Rights Reserved. // Copyright 2008 The Associated Press. // Copyright 2009, Reuters
2009-07-01 12:44:03

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Michael Jackson\'s 7-year-old will was filed Wednesday in a Los Angeles court, giving his entire estate to a family trust but cutting out his former wife Debbie Rowe.