15 years after his sudden death Michael jackson He is one of the legends of pop, his legacy remains more alive than ever despite the countless controversies in which he has been involved. And his musical career was marked by success and controversy, a combination that continues to surround him even after his voice faded last year. June 25th of 2009, leaving an indelible mark on the entire planet. However, this date not only marked the loss of the musical icon, but also the beginning of an intense dispute between members of his family over his vast fortune.
THE REASON WHY YOUR CHILDREN CANNOT ACCESS THE INHERITANCE
Between internal conflicts and tensions between the mother of jackson and the artist’s children, the fight for the legacy of jackson It has become a battle that has become increasingly more complex. His children, to whom a millionaire inheritancehave not yet been able to fully receive the impressive legacy the King of Pop left them. The main reason why, both the artist’s children and his mother, Katherine Jacksonthey cannot receive the inheritance that he left them because the exact amount of what each one is assigned has not yet been defined.
For years there has been a disagreement with the Internal Revenue Service, the “tax authorities Spanish” of USA, which determined that the assets left by the singer were undervalued. As a result, they are demanding that the heirs pay 700 millions of dollars in taxes and penalties.
They filed a lawsuit against this judicial resolution in 2021. In the first instance, the tax court agreed with them, but Patrimony also requested to review the value of half of the artist’s work, which, as we told you in CADENA 100, was acquired by the record company. Sony Music for 600 million dollars, to include it in the evaluation.
A fact that has not yet been resolved. It last What we know about this case is that Katherine’s lawyers They requested compensation six figures for the shares, but It was rejected for the defense. This led the mother’s lawyers to believe that this decision was based on revenge for preventing the rights transaction.
For its part, Bigithe smallest of jacksonrequested that will veto his grandmother so that he would not use the inheritance money for the legal battle that the family is having. And the matriarch would have received more than 55 million dollars. “The State provides Michael’s mother and children with very substantial amounts of money to support them, it has a very cooperative relationship with them and whenever they need something, the State works to make sure that they are very well taken care of, just as Michael would have dear, the executors noted
