A huge development in the Michael Jackson Estate case. The Executors have done so well making money for the Estate since Jackson died, they want to fund the Michael Jackson Trust to the tune of $30 million for the benefit of Katherine Jackson and Michael's 3 kids.
The Media obtained court documents in which co-Executors John Branca and John McClain are asking the court's permission to fund the trust. The Estate generated more than $310 million in gross revenues as of December 31, 2010 -- that's the latest accounting.
