Michael Jackson’s mother and his three children have been cut off from receiving funds from his trust due to an ongoing dispute between his estate and the IRS (Internal Revenue Service).
As per his will, the hitmaker’s three children, Prince, 27, Paris, 26, and Bigi Jackson, 22, became beneficiaries of his trust after his death in 2009, while his mother, Katherine, 94, became the sole beneficiary of a sub-trust.
However, their trusts currently cannot be funded until the longstanding tax dispute with the IRS is settled, according to court documents obtained by multiple outlets. The family members, nevertheless, are still receiving payments through an allowance, the estate said.
