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Lawyer: Jackson’s will found

Published: 30/06/2009 05:00

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A will for Michael Jackson has been found and is expected in court soon, a lawyer for the family said as reported by media reports Wednesday.

A shrine for Michael Jackson is set up in front of the U.S. embassy in Bucharest June 26, 2009. (Xinhua/Reuters photo)

The word came just a day after the family said in court documents it believed the entertainer had died without a valid will. That could complicate a petition by Jackson’s mother Katherine to become the administrator of his lucrative, but debt-encumbered estate.

The will disclosed Tuesday was created in July 2002 and named as executors Jackson’s longtime lawyer John Branca and John McClain, a music executive and a family friend, said a person, who spoke on condition of anonymity.

Jackson was recently in shaky financial health. In the most detailed account yet of the singer’s tangled financial empire, documents obtained by The Associated Press show Jackson claimed to have a net worth of 236.6 million dollars as of March 31, 2007. But less than 700,000 of that amount was in cash.

The singer’s assets are to be placed put in trust.

No further details were disclosed, and a copy of the document was not immediately available.

VietNamNet/Xinhuanet

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