July 01, 2009 04:15:59 GMT
The will, which is believed to be signed by the legend in 2002, reveals that Katherine Jackson has been appointed as guardian for his three children.
In the wake of attorney John Branca's claim that he possesses the most current will of late singer Michael Jackson, details of the particular will have been uncovered. A person with knowledge of the document revealed that the draft was signed on July 7, 2002.
Jackson, as stated in the will, named music executive and family friend John McClain and Branca as executors of his estate. Additionally, the late music superstar left all his assets to the Michael Jackson Family Trust and named his mother Katherine Jackson as guardian of his three children; Prince Michael Jackson Jr., Prince Michael Jackson II, and Paris Michael Katherine Jackson.
At the time of writing, Jackson's family and its lawyers are reviewing the document. Branca reportedly could submit the will to Los Angeles Superior Court as soon as Thursday, July 2. Though so, a copy of the document was not immediately available.
On Monday, June 29, Joe Jackson and Katherine Jackson filed legal papers in Superior Court, seeking to obtain the rights to handle Michael Jackson's property as they believed their late son died "intestate," or without a valid will. However, on the same day John Branca claimed he possesses the most current will of the singer.
Branca worked for Jackson from 1980 to 2006. He was the one who helped Jackson scoring a deal to purchase The Beatles' publishing catalog back in 1985. Both of them reunited when Jackson re-hired him just three weeks before he passed away.