Jackson Family schreibt Brief an Branca und McClain wg. Testament etc.

Zitat von Sunflower

Laut diesem Artikel war Michael für 4 Tage in New York (letzter Absatz):

Michael was in New York for a four-day period covering that date making a very public display . . . protesting against Sony.

Mir gehts hier um die Dauer von 4 Tagen...

Zitat von Marion

Sunflower, dass Michael in New York war, wird von niemandem bestritten

Weiß ich doch! Siehe oben...

Zitat von Andrea

für den 7.7. und 8.7. gibt es dort leider keinen Eintrag , erst wieder am 9.7.2002

Ja, Andrea, das ist mir auch aufgefallen. Deswegen hatte ich oben den Satz eingestellt mit den 4 Tagen.

Vielleicht hat ja Michael sein Testament im Flugzeug auf dem Weg von LA nach NY unterschrieben. Und nu??????? Sorry, aber ich konnte nicht anders.

HINWEIS: Diese Aussage sollte nicht ernst genommen werden.

Zitat von Blaue Blume

5. + 9. = 5 Tage .....

Blümchen, dazu fällt mir auch nur noch das ein: Dann schiebe ich das mal auf den Autor des Artikels

Allerdings war der 05. Juli 2002 kein Samstag sondern ein Freitag,
06. Juli = Samstag
07. Juli = Sonntag usw.

Kalender

Sorry - Doppelpost :uuuuups:

Zitat von Blaue Blume

Bereits am Samstag, 5. Juli 2002, fand eine erste Pressekonferenz in NY vor ca. 350 Zuschauern statt.
Michael Jackson meinte in dieser Rede .....

Ich denke, hier liegt ein Fehler bei Jackson.ch vor, denn das passt auf den Samstag, 06. Juli. Laut Grant spricht Michael am 06. Juli vor 350 Gästen im Hauptquartier von Al Sharpton.

He was in New York on July 6 - 9, 2002 (das wären dann doch 4 Tage)
Musicfactory.two

Michael hat insgesamt 4 Testamente gemacht. Alle Testamente haben die gleiche Verteilung des Erbes und listen Branca als Verwalter auf.
Auch ohne Testamentsänderung (mit Einbringung der weiteren geborenen KInder) wären grundsätzlich alle Kinder, die Michel je haben würde im Testament gleichermaßen bedacht

The Scandalously Boring Truth About Michael Jackson's Will
Die skandalöse langweilige Wahrheit über Michael Jackson`s Testament

Will Power: Despite recent controversy, The King of Pop's will is in no real danger of being overturned.

More than three years after his untimely death, Michael Jackson continues to make headlines—most recently as a result of a controversy over his will this summer. A few of his siblings labeled the document “false” and “fraudulent”; representatives for his estate countered by saying, “We are saddened that false and defamatory accusations grounded in stale Internet conspiracy theories are now being made by certain members of Michael’s family whom he chose to leave out of his will.”

Unfortunately for news hounds, the scandalous truth about Michael Jackson’s will is that there isn’t really much of a scandal, from a legal perspective. Last week FORBES obtained a copy of the latest will from the Los Angeles Superior Court (as others have before) and separately viewed three previous versions of the will, all of which are remarkably consistent and serve to confirm the boring reality: The will is in no real danger of being overturned, and even if it were, it would be replaced by a virtually identical previous version.

“If a later will is found to be invalid … the last will prior would be given full force and effect,” confirms Andrew Katzenstein, a partner at law firm Proskauer, who teaches the Estate and Gift Tax class at the University of Southern California.

Michael Jackson’s postmortem plans haven’t changed much over the years. His 1995 will names John Branca, Bert Mitchell and Marshall Gelfand as co-executors.Like all subsequent versions of the will, it specifies that the King of Pop’s interests be placed in an entity known as the Michael Jackson Family Trust, which stipulates the following distribution: 20% to charity, and the remainder split between a living will for Michael’s mother, Katherine Jackson, and a trust for any children Michael might have. Upon Katherine’s death, any remaining funds would revert to the children.

The second will, dated December 10th, 1997, also names Branca and Mitchell as co-executors of Michael Jackson’s estate, but replaces Marshall Gelfand with banker Jane Heller. The distribution under the trust remains the same. Michael’s first child—Prince Michael Joseph Jackson, Jr., born on in February—is mentioned by name, but the will still stipulates that half of what’s left after distributions to charities and Katherine Jackson be split between all children he might have.

The third, signed in March 2002, after the birth of Michael’s second and third children—Paris Michael Katherine Jackson and Prince Michael Joseph Jackson, II (better known by his nickname, “Blanket”)—identifies only the first two children by name, but still indicates that the trust would benefit all his children evenly. Perhaps just to be safe, a fourth will that names all three children was filed the following July.

Jackson’s siblings have said that the singer was in New York on July 7th, the day the fourth will was dated and marked as signed in Los Angeles. Others have confirmed that the King of Pop was in the Big Apple that day. But under California law, this isn’t something that would render the will invalid, as it’s possible the document was simply misdated.

“If you accidentally write the wrong date on a document, does it matter? No,” says Katzenstein. “There’s no dating requirement.”

The will was admitted to probate in 2009, and Katzenstein points out that California Probate Code Section 8270 stipulates a period of 120 days to file a petition with the court to revoke the probate of the will. That period has long since passed. The will’s witnesses have all confirmed the document’s validity–according to estate attorney Paul Gordon Hoffman, the individuals were contacted in the days after Michael Jackson’s death, and none indicated that their signatures were false.

Even if the most recent will–or the three most recent wills–was somehow overturned, the outcome would be the same: John Branca, who is named as an executor on all four, would still be one of the executors; 20% of all proceeds from the estate would go to charity, with the remainder split between Katherine Jackson and a trust for Michael’s children. If all four wills were invalidated, the children would inherit the estate at age 18, with Katherine Jackson and the charities left out. In theory, a more recent will could supersede the current will if discovered, but it seems highly unlikely that someone would have waited so long to come forward.

“It isn’t like someone who knew Michael, and thus would be in possession of his will, didn’t know about Michael’s death and thus is still holding it,” says Hoffman, who points out that none of Jackson’s many former lawyers or business managers knows of a more recent will. “No one has ever indicated that a later will was signed.”

But this is all essentially old news. Michael’s father Joseph, who was left out of the most recent will (and the three preceding wills), unsuccessfully challenged the will in the months following his son’s death. “Joe Jackson takes none of this estate,” declared Judge Mitchell Beckloff in 2009. “This is a decision his son made.” Beckloff formally appointed Branca and McClain as co-executors of the estate shortly thereafter, when Katherine Jackson dropped her initial objections and announced her support for their appointment.

In hindsight, that seems to have been a wise decision. The estate has generated roughly half a billion dollars in the three years since the King of Pop’s death, thanks to a slew of deals including a $60 million advance for the film This is it, a new recording contract worth up to $250 million and the Michael Jackson Immortal World Tour, a joint venture with Cirque du Soleil that has already grossed over $75 million in the first half of 2012 according to Pollstar, more than any other North American concert tour.

In total, Michael Jackson has earned more in the past three years than any single living artist–yet another reason it would be hard to imagine the structure of his estate changing anytime soon.

http://www.forbes.com/sites/zackomal...jacksons-will/

Branca bleibt cool (Den Text kann ich leider aus Zeitgründen jetzt nicht übersetzen.)

Executor is cool under Jackson family pressure
LINDA DEUTSCH, AP Special Correspondent
Updated 2:48 p.m., Thursday, August 23, 2012

FILE - In this 1987 file photo originally released by John Branca, attorney John Branca, left, and Michael Jackson are shown at Branca's wedding in Beverly Hills, Calif. Branca, and his co-executor, John McClain, have been successfully pursuing projects to pay off a mountain of debt left by the superstar, to assure the financial future of his three children and to guarantee that Jackson's music will live forever. Photo: Courtesy Of John Branca / AP
FILE - In this 1987 file photo originally released by John Branca, attorney John Branca, left, and Michael Jackson are shown at Branca's wedding in Beverly Hills, Calif. Branca, and his co-executor, John McClain, have been successfully pursuing projects to pay off a mountain of debt left by the superstar, to assure the financial future of his three children and to guarantee that Jackson's music will live forever. Photo: Courtesy Of John Branca / AP

LOS ANGELES (AP) — While family members squabble in public over Michael Jackson's money, John Branca, who holds the purse strings of the estate, is a calm center of the storm.

As co-executor of Jackson's will, he chooses to ignore the erupting dramas and personal attacks and keeps his eye on the future, which he says belongs to Jackson's mother and children and to the pop star's musical legacy.

He and co-executor John McClain have been successfully pursuing projects to pay off a mountain of debt left by the superstar, to assure the financial future of his three children and to guarantee that Jackson's music will live forever.

"When Michael Jackson died, he was near bankruptcy," said Branca, suggesting the future for his three young children was uncertain. "Now we know the kids will be OK."

Branca sat down recently with The Associated Press to discuss the current state of the Jackson estate and projects to preserve Jackson's image as the King of Pop. But he resolutely refused to address the elephant in the room — recent attacks on him and McClain by some Jackson siblings who were left out of their brother's will.

They sent a lengthy letter that became public accusing the executors of deceit and manipulation of their mother and claiming that Jackson's will was a fraud. They have not taken any court action and legal experts say the time to challenge the will, which disinherited them, is long past.

Branca and McClain issued a statement calling the accusations "false and defamatory," adding "we are especially disheartened that they come at a time when remarkable progress is being made to secure the financial future of his children ..."

Secure in his knowledge that all four of Jackson's wills named him as executor, Branca continues to make deals for the Jackson estate that are generating millions in revenue. This week, they announced an agreement with Sony/ATV Music Publishing to administer Jackson's Mijac Music catalog, which includes such hits as "Beat it" and "Billie Jean." The deal is expected to generate enough revenues to pay off a remaining $5 million loan by year's end.

Since his death on June 25, 2009, Branca said Jackson's personal debt of $200 million has been paid off and another $300 million tied to his ownership of Sony and ATV catalogs has been renegotiated.

"Michael had a will and a trust and that's what we follow," he said.

The estate pays Mrs. Jackson $70,000 a month for the children's support, pays the rent on their mansion in Calabasas, and is picking up bills for other expenses including renovation of their Encino home.

Branca's AP interview was his indirect response to accusations by Randy, Jermaine, Janet and Rebbie Jackson that the estate was being mishandled. Jermaine later disavowed the incendiary letter and called for peace in the family. But Janet, Randy and Rebbie fired back with a letter of their own reiterating their complaints.

Brimming with excitement, Branca spoke of upcoming ventures he thinks would have delighted Jackson, especially a permanent Jackson-themed extravaganza on the Las Vegas Strip. It comes on the heels of the Cirque du Soleil Jackson tribute show, "Immortal: The World Tour."

"The Lion King" theater at the Mandalay Bay Hotel is being rebuilt to house the still untitled show, also a Cirque du Soleil production, which is set to open May 23, 2013.

"It will be highly theatrical and completely different from the arena show, which was more of a concert," Branca said. "We will have the opportunity to create something special and ground-breaking."

Declining to reveal all of the technical wizardry planned, he said, "We've got all kinds of tricks up our sleeves."

Every seat will have its own speakers, while the walls and ceiling will be used to create "a totally immersive experience for the audience," he said.

Unlike the touring show, there will be no live band and all music will come from remixes of Jackson's recordings.

Branca and co-executor McClain, a reclusive recording executive, say they understand Jackson;s's desires to take care of his mother and children — Prince, Paris and Blanket — financially and keep his music alive.

"We feel Michael entrusted us with his legacy and with the future of his mother and children," Branca said. "We're honored and proud and passionate about celebrating Michael. It's a labor of love for us. We love Michael."

Branca met Jackson in 1980 when both were just starting out and their success story was legendary. But there were rocky periods. During more than two decades together they had two three-year periods of estrangement over business disagreements.

Branca was rehired by Jackson a month before he died, with instructions to draft an agenda for future business deals. Branca presented the plan a week before Jackson died and it has been the roadmap for the estate's posthumous enterprises.

In addition to the new Las Vegas show, a new album and a concert DVD will be released soon celebrating the 25th anniversary of Jackson's "BAD" album. And a two-hour documentary by acclaimed filmmaker Spike Lee on the making of "BAD" will show at the Toronto and Venice film festivals next month.

The anniversary promotions include a deal with Pepsi to put silhouettes of Jackson on a billion cans of soda in 20 countries.

Read more: http://www.sfgate.com/news/article/E...#ixzz24PhIwPBQ

Zitat

"When Michael Jackson died, he was near bankruptcy," said Branca, suggesting the future for his three young children was uncertain. "Now we know the kids will be OK."

..der Satz ist hart..(ich weiß wie Branca ihn meint, und will jetzt nicht ihn kritisieren..) Für mich ist nur der Gedanke so präsent, dass es bedeutet, das alles, was finanziell jetzt wieder "in die Reihe gebracht" wurde, nur möglich wurde, durch Michaels Tod, und den Boom der dadurch ausgelöst wurde, alles wurde natürlich nur "verdient" durch Michaels Kunst, mit seiner Arbeit, darin steckt dieses ganze Potential...und es ist traurig, dass dieser Wert erst wieder erkannt wurde, als er starb. Und auch der Zusatz "Now we know the kids will be OK."..klingt bei mir dann in meiner Betrachtungsweise nicht nur positiv. "finanziell!" ist alles Ok....aber das ist nicht das wichtigste...

..ich versteh' schon, dass Branca vlt. sowieso etwas getan hätte, um Michaels Situation zu verbessern, das mag sein, dass er deshalb gerufen wurde, und dass er dort erfolgreicher gewesen wäre, wie all die, die das vorher (angeblich) schon probierten..
Aber ich glaube, dass er nicht all diese Dinge hätte verwirklichen können, die er jetzt ausgehandelt hat, und die einfach darauf beruhen, dass Michaels Kunst plötzlich wieder gefragt war...und es wurde bestimmt auch einiges verdient, an den ganzen Verkäufen von Michaels Alben, von seiner Musik die plötzlich wieder "da" war, dass man plötzlich wieder (oder endlich ) erinnete, was für ein fantastischer Künstler er war...und da ist der Punkt, der mich traurig macht, diese Musik war die ganze Zeit da, aber sie wurde nicht mehr geschätzt - das fiel uns erst wieder ein, als er fort war. (und ich stelle mich da mal ganz vorne mit dazu...ich hatte ihn ja auch vorher mehr oder weniger nicht beachtet.. )