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Judge Names Katherine Jackson Permanent Guardian of Michael Jackson's Kids
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Officially named the permanent guardian of Michael Jackson's kids, Katherine is granted unspecified monthly allowance to cover the children's costs.

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Los Angeles judge Mitchell Beckloff has on Monday, August 3, signed off the custody agreement reached by Katherine Jackson and Debbie Rowe regarding who will get the custody of Michael Jackson's children; Prince Michael Jackson Jr., Prince Michael Jackson II, and Paris Michael Katherine Jackson. In the ruling, the judge officially named Katherine as the permanent guardian of the kids with visitation rights for Debbie, who mothers Michael Jackson Jr. and Paris.

In addition to approving Katherine's guardianship petition, judge Mitchell also granted unspecified monthly allowance to her to cover the children's costs. The amount of the payments will be collected from Michael's estate. As for Debbie, she will receive no money beyond an existing spousal agreement, reportedly worth about $8.5 million.

During the Monday court hearing, consent forms signed by both Michael Jackson Jr. and Paris, indicating that they want to stay with Katherine, were also presented. A follow-up hearing on the custody arrangements has been set for October 2 to "review the circumstances of the children" and make sure the custody deal is going according to plan.

Still during the hearing, judge Mitchell also admitted Michael's 2002 will into probate, naming attorney John Branca and music executive John McClain as co-executors of the King of Pop's estate.

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