LETTERS TO THE EDITOR

LETTERS/COLUMNS: SEND LETTERS TO THE EDITOR FOR PUBLISHING TO FRONTPAGENEWS1@YAHOO.COM. PLEASE INCLUDE DAY/EVENING/ CELL NUMBER, HOME NUMBER, AND EMAIL. CONTACT VAN STONE: FRONTPAGENEWS1@YAHOO.COM OR (215) 821-9147 TO SUBMIT A REQUEST FOR ANY WRITER. PLEASE DO NOT CONTACT THE WRITER DIRECTLY! ALL APPEARANCE REQUEST WILL GO THROUGH THE MANAGING EDITOR'S OFFICE. COPYRIGHT: THE USE OF ANY SUBMISSIONS APPEARING ON THIS SITE FOR MONETARY GAINS IS STRICTLY PROHIBITED. TO LEARN MORE: PHILADELPHIA FRONT PAGE NEWS WWW.FPNNEWS.ORG. YOUR TOP STORIES OF THE DAY (215) 821-9147.

Monday, August 3, 2009

Lengthy to-do list for Jackson hearing

Lengthy to-do list for Jackson hearing




LOS ANGELES (AP) -- The handlers of Michael Jackson's probate and guardianship cases have a full slate at a hearing meant to tackle a number of estate and family issues.

At least one major hurdle was cleared last week with a custody agreement between Jackson's mother, Katherine Jackson, and Deborah Rowe, the biological mother of the singer's two oldest children.

Los Angeles Superior Court Judge Mitchell Beckloff has deferred hearing arguments or making rulings on several motions brought by attorneys for Katherine Jackson and the two men who have temporary control of the pop icon's financial matters: attorney John Branca and music executive John McClain.

Jackson's estate has been described in court documents as having an estimated value of more than $500 million, but its actual current worth is about $100 million, and could increase in value to $200 million or more with some financial restructuring, according to a person briefed on the matter. The person was not authorized to speak publicly and requested anonymity.

Branca and McClain could leave Monday's hearing with a firmer rein on the estate. Similarly, Katherine Jackson could emerge with guardianship of her three grandchildren, since her agreement with Rowe, which grants the singer's ex-wife visitation rights, means no one is expected to challenge the current arrangement.

Meanwhile, Katherine Jackson said in a recorded phone interview with Geraldo Rivera that she doesn't believe her son died of natural causes. The interview aired Sunday night on "Geraldo at Large" on the Fox News Channel.

"All I know that my son is dead, and I don't think he just died of natural causes or whatever," she said. "He's too young to have that. Something happened. I don't know what it was. And I can't say."

The to-do list for Monday's hearing has grown in recent weeks, with Beckloff deferring decisions on several issues, most of which have to do with Jackson's finances.
Among the issues Beckloff is slated to consider:

- An allowance for Katherine Jackson and her grandchildren. The special administrators of Jackson's estate have asked for monthly stipends for the group, noting that Jackson supported all of them when he was alive. Beckloff delayed considering the payments until Monday, but attorneys on both sides agree they are necessary.

- Decide when Katherine Jackson will become the permanent guardian of her grandchildren, 12-year-old Prince Michael, 10-year-old Paris Michael and 7-year-old Prince Michael II, known as Blanket. No one else has petitioned for custody of the children, and Jackson was her son's first choice named in his 2002 will.

- Whether Katherine Jackson can challenge the men currently administering the son's estate, without actually contesting her son's will. Her attorneys have asked Beckloff to decide whether if they petition to remove Branca and McClain as administrators, they will trigger a no-contest clause in Jackson's trust. Without the protection of Beckloff's ruling, Mrs. Jackson could lose her 40 percent share of Jackson's estate if she mounts a challenge to Branca and McClain's authority.

- Mrs. Jackson's attorneys have expressed concerns about possible conflicts of interests that Branca and McClain may have, and have been seeking greater access to Jackson's records in the form of subpoenas and depositions. They sought that authority last week ahead of Monday's hearing, but were told they would have to wait until that day for a ruling.

- Decide whether Branca and McClain continue administering Jackson's estate. Court filings indicate the pair have already received $5.5 million from a former Jackson financial adviser, later identified as Tohme Tohme. They have also take possession of many of the King of Pop's property, and have said in court filings that they hope to finish several multimillion deals soon.

- Beckloff could be presented with some of those deals. The judge has already approved one that will bring Jackson's 1988 autobiography, "Moonwalk" back to store shelves. The singer left behind several unfinished projects and a trove of unreleased music.

Van Stone Productions Inc. 501C3 Nonprofit Organization Informatioin (EIN) / Tax ID

Van Stone Productions Inc. 501C3 Nonprofit Organization Informatioin (EIN) / Tax ID
Click on the logo to learn about the non-profit status

BECOME OUR VLOGGER OF THE MONTH: VIDEO NEWS CONTENT PUBLISHED ON ANY TOPIC BELOW

Latest edition of Talk Live Philly With Van Stone

VAN STONE PERFORMANCE PROMOTION VIDEO AT WEST PHILADELPHIA HS 1999 - BELOW

FPN NEWS “TAKE TIME FOR WINNERS IN ANY COMMUNITY!”

Van Stones' Beautiful World Images -Latinamerica, South Asia, and USA Fashion and Beauty Collection

Van Stones' Beautiful World Images -Latinamerica, South Asia, and USA Fashion and Beauty Collection
Family Modeling -modelado de la familia

Van Stones' Beautiful World Images -Hermosas World Images Van Stones

Van Stones' Beautiful World Images -Hermosas World Images Van Stones
Family Modeling -modelado de la familia

WE'RE #1

WE'RE #1

Van Stones' Beautiful World Images -Hermosas World Images Van Stones

Van Stones' Beautiful World Images -Hermosas World Images Van Stones
Family Modeling -modelado de la familia

Van Stones' Beautiful Tween Images-Hermosas Imágenes Tween Van Stones

Van Stones' Beautiful Tween Images-Hermosas Imágenes Tween Van Stones
Family Modeling -modelado de la familia

WE'RE NO 1

WE'RE NO 1

Van Stones' Beautiful Youth Images -Van Stones imágenes hermosas de la Juventud

Van Stones' Beautiful Youth Images -Van Stones imágenes hermosas de la Juventud
Family Modeling -Modelado de la familia

WE'RE NO 1

WE'RE NO 1

Van Stones' Beautiful Child Images -Van Stones Niño hermoso Imágenes

WE'RE #1

Van Stones’ Beautiful Children Images - Van Stones imágenes hermosas Madre

Van Stones’ Beautiful Children Images - Van Stones imágenes hermosas Madre
Family Modeling -modelado de la familia

Like Us On Facebook

We"re Looking For Volunteers

News, and more about youth, education, political analyst, schools, anti-violence, social justice, grass roots democracy, ecological protection, seniors, Historic Preservation & Restoration, (Black, Latinos, Asian, Pakistani, Italian, and other)Arts, Books, Super Heroes, Trading Cards, Youth, College, and Pro Sports, Nonprofits and Real-estate.

Blog Archive

About Us

  • FPN can reach out to Representatives from your side of: The Village, The Township, or The City
  • FPN features
    Sports
    Cars
    Family Entertainment
    Neighborhood News
    Scholastic News
    Regional News
    National News
    Citywide News
    Legal News
    Alternative Green Energy Education News
    Superhero & Comic Strip News
  • Teen Stars
  • Humanitarian/Ministers/Political
  • Community Services
  • Women & Men & Kids

  • You acknowledge and agree that you may not copy, distribute, sell, resell or exploit for any commercial purposes, any portion of the Newspaper or Services. Unless otherwise expressly provided in our Newspaper, you may not copy, display or use any trademark without prior written permission of the trademark owner.

    FPN/VSP® is in no way responsible for the content of any site owned by a third party that may be listed on our Website and/or linked to our Website via hyperlink. VSP/FPN® makes no judgment or warranty with respect to the accuracy, timeliness or suitability of the content of any site to which the Website may refer and/or link, and FPN/VSP® takes no responsibility therefor. By providing access to other websites, FPN/VSP® is not endorsing the goods or services provided by any such websites or their sponsoring organizations, nor does such reference or link mean that any third party websites or their owners are endorsing FPN/VSP® or any of the Services. Such references and links are for informational purposes only and as a convenience to you.

    FPN/VSP® reserves the right at any time to modify or discontinue, temporarily or permanently, the Website and/or Services (or any part thereof) with or without notice to you. You agree that neither FPN/VSP® nor its affiliates shall be liable to you or to any third party for any modification, suspension or discontinuance of the Website and/or Services.

    You agree to indemnify and hold harmless FPN/VSP®, its subsidiaries, and affiliates, and their respective officers, directors, employees, shareholders, legal representatives, agents, successors and assigns, from and against any and all claims, actions, demands, causes of action and other proceedings arising from or concerning your use of the Services (collectively, "Claims") and to reimburse them on demand for any losses, costs, judgments, fees, fines and other expenses they incur (including attorneys' fees and litigation costs) as a result of any Claims.

    The Website is © 2009 by VSP®, or its designers. All rights reserved. Your rights with respect to use of the Website and Services are governed by the Terms and all applicable laws, including but not limited to intellectual property laws.

    Any contact information for troops overseas and/or soldiers at home provided to you by FPN/VSP® is specifically and solely for your individual use in connection with the services provide by Van Stone Productions Foundation VSP.

    FPN/VSP® soldiers contact information for any other purpose whatsoever, including, but not limited to, copying and/or storing by any means (manually, electronically, mechanically, or otherwise) not expressly authorized by FPN/VSP is strictly prohibited. Additionally, use of FPN/VSP® contact information for any solicitation or recruiting purpose, or any other private, commercial, political, or religious mailing, or any other form of communication not expressly authorized by FPN/VSP® is strictly prohibited.