Michael Jackson's family says they are not after his money

michael-jacksons-family.jpgIn the latest news from the saga of Michael Jackson's family, which currently includes a battle over the custody of his three children and his estate, Janet Jackson and her siblings have issued a statement denying they are trying to get their late brother's money by questioning the legitimacy of his will.

Blair G. Brown, attorney for Janet Jackson, writes, "They stand to gain nothing financially by finding that the will is invalid. What will be gained ... is that the executors will be replaced and the estate and the guardianship will be managed in a manner that is in the best interest of the children, which is what Michael wanted."

The will in question was written in 2002 and accepted by a probate judge after Jackson's death three years ago. It gives music producers John Branca and John McClain control of the estate, which is estimated to be worth over a billion dollars. As executors, the two men stand to gain 10% of the estate's value, which is not uncommon for executors to receive.

The siblings maintain the will is a fake.

Meanwhile, Jackson's three children have a newly-appointed co-guardian in Tito Joe "T.J" Jackson, the son of Michael's older brother Tito. T.J. shares custody with family matriarch Katherine Jackson.
Photo/Video credit: Getty Images
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