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8:23 am August 3, 2009
| jewell
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| posts 460 |
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mir26 said:
this is what i found somewhere else the money for them seems to come out of Michael,s own estate,and yes mabye jewel can help a little
Katherine Jackson has not had a role in Michael Jackson's business dealings during the past four years, despite her lawyer saying she did.
That's what a source close to the situation tells RadarOnline.comexclusively about statements made by Londell McMillan on The Today Show Monday.
“The past four years Michael has demanded and required that she (Katherine) had a seat at the table for any of his major business assets,” said McMillan, who represents both Katherine and Joe Jackson.
But that statement is refuted by a close source, who says: “There is absolutely no evidence that Katherine played any role in Michael's business dealings. There has been nothing presented in court that Katherine had any role in Michael's 'business assets' as Londell claimed.”
McMillan also indicated the estate's administrators “should have been working together” with him to coordinate requests for cash to be doled out to the Jackson family, including Michael's children. But the source says the estate executors, John Branca and John McClain “asked how much Katherine Jackson, and Michael's three children would need for a monthly allowance. The amount that Katherine requested was agreed upon by the executors without any hesitation. The amount is under court seal and has been redacted from court records.”
McMillan has been attempting to help Katherine get control of the estate through various court filings. Looks like he's not done.
Yes, his estate will set up trust fund for the children and katherine to be paid monthly or quarterly….
but his life insurance payout is totally different…. provided through a life insurance company.
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To find the truth…
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8:26 am August 3, 2009
| MJbeliever
Member
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| posts 24 |
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8:28 am August 3, 2009
| mir26
Member
| | holland |
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| posts 226 |
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I agree with you there,everything is very strange
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dont believe everything you see or read |
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8:29 am August 3, 2009
| jewell
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| posts 460 |
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MJbeliever said:
this could be another story like the one with the death certificate… i don't know….i really believe that most of what we've been reading/hearing since june 25th is not true . something just doesn't seem real here…i really don't think the story about the life insurance being paid out is true….…but if it turns out it is , then WTF is going on with this case ? and if it is true , is his family really this cold ? is the police really this stupid to handle the case the way they have been ? a huge WTF if this true .
it isn't cold to collect on a life insurance policy….
that is why they are there, for the family to collect on.
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To find the truth…
I like to play
Devil’s Advocate…
Please don’t let that
upset you! |
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8:31 am August 3, 2009
| MJbeliever
Member
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| posts 24 |
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jewell said:
MJbeliever said:
this could be another story like the one with the death certificate… i don't know….i really believe that most of what we've been reading/hearing since june 25th is not true . something just doesn't seem real here…i really don't think the story about the life insurance being paid out is true….…but if it turns out it is , then WTF is going on with this case ? and if it is true , is his family really this cold ? is the police really this stupid to handle the case the way they have been ? a huge WTF if this true .
it isn't cold to collect on a life insurance policy….
that is why they are there, for the family to collect on.
i wasn't refferring to that . i meant the way they've been handling themselves since june 25th …their reaction and everything…
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8:32 am August 3, 2009
| ballongiraf
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| posts 169 |
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jewell said:
mir26 said:
this is what i found somewhere else the money for them seems to come out of Michael,s own estate,and yes mabye jewel can help a little
Katherine Jackson has not had a role in Michael Jackson's business dealings during the past four years, despite her lawyer saying she did.
That's what a source close to the situation tells RadarOnline.comexclusively about statements made by Londell McMillan on The Today Show Monday.
“The past four years Michael has demanded and required that she (Katherine) had a seat at the table for any of his major business assets,” said McMillan, who represents both Katherine and Joe Jackson.
But that statement is refuted by a close source, who says: “There is absolutely no evidence that Katherine played any role in Michael's business dealings. There has been nothing presented in court that Katherine had any role in Michael's 'business assets' as Londell claimed.”
McMillan also indicated the estate's administrators “should have been working together” with him to coordinate requests for cash to be doled out to the Jackson family, including Michael's children. But the source says the estate executors, John Branca and John McClain “asked how much Katherine Jackson, and Michael's three children would need for a monthly allowance. The amount that Katherine requested was agreed upon by the executors without any hesitation. The amount is under court seal and has been redacted from court records.”
McMillan has been attempting to help Katherine get control of the estate through various court filings. Looks like he's not done.
Yes, his estate will set up trust fund for the children and katherine to be paid monthly or quarterly….
but his life insurance payout is totally different…. provided through a life insurance company.
maybe im not reading the article correctly, but where does it say that the money comes from an insurance company? It only says (as i read it) that the money comes from MJ's estate – how can that be the same? Im just asking because i truly dont know anything about US law…..
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8:34 am August 3, 2009
| ilprincipe
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| posts 106 |
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I read the reports….they were all from one source (AP -which means Associated Press, if I`m right)…
so every magazine, newspaper copied this report.
There`s just mentioned that sth. will be paid out.
For me no evidence. We don`t know which insurance (name) and we don`t know any sums….
so …I will patiently wait…
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8:36 am August 3, 2009
| jewell
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http://www.msnbc.msn.com/id/32…..ent-music/
LOS ANGELES – Court filings state the administrators of Michael Jackson's estate have received the King of Pop's life insurance proceeds.
The records, filed Friday in Los Angeles, are redacted and don't indicate how much the policy paid out.
A life insurace policy comes from a company… this money will go into the estate and the kids and Katherine will collect on it.
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To find the truth…
I like to play
Devil’s Advocate…
Please don’t let that
upset you! |
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8:38 am August 3, 2009
| mir26
Member
| | holland |
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| posts 226 |
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so there are different story,s going around on this mmmmm weird
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dont believe everything you see or read |
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8:39 am August 3, 2009
| semserifa
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| | lisbon |
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| posts 16 |
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Hi guys… I'm not sure if we can take this information for granted! TMZ didn't report anything about the life insurance being paid out… and these guys are always digging and are the first to report news about the case almost all the time! So if they don't know/haven't reported anything about the insurance… probably the info is fake! And with this I'm not saying TMZ is a very plausible sorce! Please! :p
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8:40 am August 3, 2009
| ballongiraf
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| | denmark |
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| posts 169 |
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Post edited 1:42 am – August 4, 2009 by ballongiraf
well, im gonna wait until the hearing is over and we know what was decided in there. Perhaps it'll shed some light on this matter. Until then, im gonna keep hope alive. If it turns out to be true, then it's either RIP MJ, or a “live the rest of my life in peace hoax”
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8:41 am August 3, 2009
| Ziffes
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| posts 160 |
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how can they pay out the life insurance before the dead certificate is signed and released… and that cant be done before the autopsy is closed?
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8:41 am August 3, 2009
| peggy99
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Well guys I hate to say it but it seems all our hopes and dreams have now been well and truly shattered. For an Insurance Company to pay out, things must be pretty final (well at least here in the UK anyway). So if we are now to presume that Michael has really died then it must be for a medical reason and not murder. If, it was murder, there is no way the Insurers would pay out until the murder investigation was over.
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8:42 am August 3, 2009
| mir26
Member
| | holland |
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| posts 226 |
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ballongiraf said:
well, im gonna wait until the hearing is over and we know what was decided in there. Perhaps it'll shed some light on this matter. Until then, im gonna keep hope alive. If it turns out to be true, then RIP MJ.
I think this hearing is about his estate not about the policy,at least thats what i got from it,its katherine trying to get the Michaels estate in her hands
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dont believe everything you see or read |
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8:44 am August 3, 2009
| ballongiraf
Member
| | denmark |
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| posts 169 |
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mir26 said:
ballongiraf said:
well, im gonna wait until the hearing is over and we know what was decided in there. Perhaps it'll shed some light on this matter. Until then, im gonna keep hope alive. If it turns out to be true, then RIP MJ.
I think this hearing is about his estate not about the policy,at least thats what i got from it,its katherine trying to get the Michaels estate in her hands
yeah i know, but perhaps it's mentioned? You never know
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8:44 am August 3, 2009
| mir26
Member
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| posts 226 |
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I still call BS I dont believe it yet,to many strange things and TMZ not even reporting that,come on they are the insider lmao
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dont believe everything you see or read |
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8:44 am August 3, 2009
| ballongiraf
Member
| | denmark |
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| posts 169 |
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mir26 said:
ballongiraf said:
well, im gonna wait until the hearing is over and we know what was decided in there. Perhaps it'll shed some light on this matter. Until then, im gonna keep hope alive. If it turns out to be true, then RIP MJ.
I think this hearing is about his estate not about the policy,at least thats what i got from it,its katherine trying to get the Michaels estate in her hands
yeah i know, but perhaps it's mentioned? You never know
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8:44 am August 3, 2009
| MJgirl
Member
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jewell said:
MJbeliever said:
this could be another story like the one with the death certificate… i don't know….i really believe that most of what we've been reading/hearing since june 25th is not true . something just doesn't seem real here…i really don't think the story about the life insurance being paid out is true….…but if it turns out it is , then WTF is going on with this case ? and if it is true , is his family really this cold ? is the police really this stupid to handle the case the way they have been ? a huge WTF if this true .
it isn't cold to collect on a life insurance policy….
that is why they are there, for the family to collect on.
Jewell, i don't think MJbeliever was refferring to just the life insurance but the way the family has being handling the whole Michael Jackson supposed death. Are they really so cold indeed??? If MJ is truly dead then the family is indeed heartless. If this is a murder case and the family handled it this way then it's all BS. There are so many inconsistencies that still need to be set straight. What The F**k????????????
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8:45 am August 3, 2009
| MJgirl
Member
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jewell said:
MJbeliever said:
this could be another story like the one with the death certificate… i don't know….i really believe that most of what we've been reading/hearing since june 25th is not true . something just doesn't seem real here…i really don't think the story about the life insurance being paid out is true….…but if it turns out it is , then WTF is going on with this case ? and if it is true , is his family really this cold ? is the police really this stupid to handle the case the way they have been ? a huge WTF if this true .
it isn't cold to collect on a life insurance policy….
that is why they are there, for the family to collect on.
Jewell, i don't think MJbeliever was refferring to just the life insurance but the way the family has being handling the whole Michael Jackson supposed death. Are they really so cold indeed??? If MJ is truly dead then the family is indeed heartless. If this is a murder case and the family handled it this way then it's all BS. There are so many inconsistencies that still need to be set straight. What The F**k????????????
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8:52 am August 3, 2009
| jewell
Member
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| posts 460 |
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MJgirl said:
jewell said:
MJbeliever said:
this could be another story like the one with the death certificate… i don't know….i really believe that most of what we've been reading/hearing since june 25th is not true . something just doesn't seem real here…i really don't think the story about the life insurance being paid out is true….…but if it turns out it is , then WTF is going on with this case ? and if it is true , is his family really this cold ? is the police really this stupid to handle the case the way they have been ? a huge WTF if this true .
it isn't cold to collect on a life insurance policy….
that is why they are there, for the family to collect on.
Jewell, i don't think MJbeliever was refferring to just the life insurance but the way the family has being handling the whole Michael Jackson supposed death. Are they really so cold indeed??? If MJ is truly dead then the family is indeed heartless. If this is a murder case and the family handled it this way then it's all BS. There are so many inconsistencies that still need to be set straight. What The F**k????????????
ohhh, i see, my apologies!
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To find the truth…
I like to play
Devil’s Advocate…
Please don’t let that
upset you! |
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8:57 am August 3, 2009
| THE JACKSONOLOGIST
Member
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| posts 160 |
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I feel my world crashing down yet again…
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8:58 am August 3, 2009
| Smelly
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THE JACKSONOLOGIST said:
I feel my world crashing down yet again…
Same here
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9:00 am August 3, 2009
| Ziffes
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| | Denmark |
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| posts 160 |
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THE JACKSONOLOGIST said:
I feel my world crashing down yet again…
dont… it is about the estate.. no his lifeinsurance… and even if they say the it has been payed.. it dosent mean it has been paid.. they are full of BS
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9:01 am August 3, 2009
| mir26
Member
| | holland |
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| posts 226 |
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Ziffes said:
THE JACKSONOLOGIST said:
I feel my world crashing down yet again…
dont… it is about the estate.. no his lifeinsurance… and even if they say the it has been payed.. it dosent mean it has been paid.. they are full of BS
thank you
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dont believe everything you see or read |
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9:09 am August 3, 2009
| jewell
Member
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| posts 460 |
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Ziffes said:
THE JACKSONOLOGIST said:
I feel my world crashing down yet again…
dont… it is about the estate.. no his lifeinsurance… and even if they say the it has been payed.. it dosent mean it has been paid.. they are full of BS
…unfortunally, it IS his life insurance policy
http://www.google.com/hostedne…..gD99RFDS01
and it is reported by the associated press, a very realiable source….
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To find the truth…
I like to play
Devil’s Advocate…
Please don’t let that
upset you! |
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9:10 am August 3, 2009
| jewell
Member
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| posts 460 |
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Ziffes said:
THE JACKSONOLOGIST said:
I feel my world crashing down yet again…
dont… it is about the estate.. no his lifeinsurance… and even if they say the it has been payed.. it dosent mean it has been paid.. they are full of BS
…unfortunally, it IS his life insurance policy
http://www.google.com/hostedne…..gD99RFDS01
and it is reported by the associated press, a very realiable source….
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To find the truth…
I like to play
Devil’s Advocate…
Please don’t let that
upset you! |
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9:13 am August 3, 2009
| The Truth
Member
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| posts 112 |
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Post edited 2:17 am – August 4, 2009 by The Truth
No.
I'm really a big bowl of confused. :/
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9:15 am August 3, 2009
| mir26
Member
| | holland |
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| posts 226 |
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I would like to see the court paper from this,hey not to much to ask right,ok lets see if the media can deliver
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dont believe everything you see or read |
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9:16 am August 3, 2009
| Wonderer
Member
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| posts 5 |
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ballongiraf said:
maybe im not reading the article correctly, but where does it say that the money comes from an insurance company? It only says (as i read it) that the money comes from MJ's estate – how can that be the same? Im just asking because i truly dont know anything about US law…..
The original artricle states his estate has received the proceeds of a life insurance policy or policies. The insurance companies paid out on his life insurance which would mean he is indeed gone. The law in the US is pretty cut-and-dry about it and my experience with insurance companies is they require proof before they pay out.
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Professional fence-rider.
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9:17 am August 3, 2009
| Thetruth
Member
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| posts 224 |
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Post edited 2:24 am – August 4, 2009 by Thetruth
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Love you Michael from the bottom of my heart! |
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