Just weeks before his demise the Prince of Puzzlements changed his will in the "event of tragedy".
According to reports, Michael Jackson, who died suddenly last week, rehired former entertainment lawyer John Branca three weeks prior. Branca revised Jacko’s will in the event of a tragedy – sudden death. Branca whose prior client list reads like the Rock’ n’ Roll Hall of Fame with folks like The Rolling Stones and Aerosmith intends to file Jacko’s last will in the next 30 days in Los Angeles County.
According to The Wall Street Journal, the document names attorney John Branca and music exec John McClain as executors of the estate. A previous will drawn up in 2002 by Branca leaves nothing to Jackos’ dad because of Michael being physically abused as a child.
Meanwhile Jacko’s parents, Joe and Katherine Jackson, reportedly unaware of the Branca document, stated in a petition filed yesterday that Michael died "intestate" – without a will and requested mother Katherine be place in charge of the late singer’s assets.
Sister Janet Jackson was named executor of the MJ estate prior.
While Michael left an enormous musical legacy and back catalog worth millions he also died deeply in debt, estimated at $500 million, due to his bizarre legendary spending sprees.
However, in the wake of his death, with radio stations playing his music non-stop, the Jackson estate will soon see royalty payments. Not to mention the rush to buy CDs of every Jacko LP ever pressed from Diana Ross Presents the Jackson 5 to Michael’s last Invincible.
It is unknown yet what will become of the musical rights to the Beatles songs which Jackson owned but they are sure to be the impetus of a major legal battle between Beatles heirs and whoever ultimately controls the rights to the Jacko buy-out.
Strangely enough, Jacko had insisted that one of his last rehearsals at the Staples Center for his now cancelled tour be taped in High Definition. The rehearsal will be broadcast on a major TV net as an eerie premonition of the King of Pop’s final curtain call.