\u201cThe Estate was able to secure a ruling to significantly reduce that amount, but the matter has not been settled and could still change,\u201d the estate told the outlet before denying Paris\u2019 claim that it\u2019s been withholding or reducing payments to the beneficiaries, calling the accusation \u201ca complete fabrication.\u201d\u00a0<\/p>\n
The estate added that more than $200 million had already been distributed for their benefit and noted that, according to Michael\u2019s will, \u201cNone of his children receive a distribution until they are in their 30s.\u201d<\/p>\n
The statement concluded, \u201cThe Estate looks forward to the time when all issues are resolved so that their trusts can be fully funded as Michael wanted.\u201d<\/p>\n
But a spokesperson for Paris disputed the estate\u2019s response, telling the outlet, \u201cThe Estate is once again deflecting from its own incompetence. Paris called for the trust to be partially funded, something Mr. Branca had the ability and obligation to do long ago.\u201d<\/p>\n
The statement continued, \u201cAfter years of delay, Paris had no choice but to step in herself.\u201d<\/p>\n
For a look back at Michael’s kids through the years, keep reading…<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThe Estate was able to secure a ruling to significantly reduce that amount, but the matter has not…\n","protected":false},"author":2,"featured_media":904766,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-904765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/904765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=904765"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/904765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/904766"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=904765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=904765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=904765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}